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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Nov. 3, 2008

Challenging the Crowd in Whispers

The New York Times | One of the few prominent economists to correctly predict the housing bubble explores the reasons so much of his profession failed to.

When to Cut Spending?

Marginal Revolution | Americans need to spend less and save more to get the economy in balance in the long run, but they also need to spend more and save less to prevent a crippling recession.

By washingtonpost.com Editor  |  November 3, 2008; 11:59 AM ET
Categories:  Neil Irwin's Must Reads  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz   Previous: Survey: U.S. Manufacturing at 26-Year Low
Next: Construction Spending Not As Bad As Expected

Comments

At this time,I will do neither. I will pay off my debt and then try to save to improve my house.

I have not bought a new car in 18 years and I still have that vehicle, a 1991 Camry. I have not bought an American vehicle since my 1980 Chevrolet Cavalier, which was a piece of crap. I will never buy American again. A used Japanese or German car is far superior to any American car currently in production.

Posted by: mortified469 | November 3, 2008 8:44 PM | Report abuse

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