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.
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.
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washingtonpost.com Editor
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November 3, 2008; 11:59 AM ET
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Neil Irwin's Must Reads
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Posted by: mortified469 | November 3, 2008 8:44 PM | Report abuse
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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.