Saving More But Earning Less

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The current recession seems to be transformed the formerly spendthrift ideology of Americans into savers.? Yes, American’s are now saving money in larger amounts than at any time in recent memory and the United States is now becoming a nation of savers.

Unfortunately, the interest rates are dropping and there is very little return on our money.? Also, experts believe that in order to get out of the recession completely, American’s are going to have to start spending.

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