Comments on: Consumer deleveraging datapoint of the day http://blogs.reuters.com/felix-salmon/2009/09/08/consumer-deleveraging-datapoint-of-the-day/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: news4you http://blogs.reuters.com/felix-salmon/2009/09/08/consumer-deleveraging-datapoint-of-the-day/comment-page-1/#comment-6700 Fri, 11 Sep 2009 19:16:40 +0000 http://blogs.reuters.com/felix-salmon/2009/09/08/consumer-deleveraging-datapoint-of-the-day/#comment-6700 not so fast. these stats can be mis-leading and not necessarily a good thing. first of all deleveraging can ultimately lead to a decrease in us growth. Secondly, non-revolving deleveraging can occur due to charge-off, foreclosure and bankruptcy on guess what mortgage loans.

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By: Frank Fitton http://blogs.reuters.com/felix-salmon/2009/09/08/consumer-deleveraging-datapoint-of-the-day/comment-page-1/#comment-6553 Wed, 09 Sep 2009 17:25:22 +0000 http://blogs.reuters.com/felix-salmon/2009/09/08/consumer-deleveraging-datapoint-of-the-day/#comment-6553 People’s memories of this time are not going to fade easily. Those free spending, free caring days I think are gone, at least for the foreseeable future. What I hope will emerge from this recession is a more financial responsible public. People are going to be weary, and that’s not necessarily a bad thing. I think when we do finally emerge from this downturn, that we’re going to see people saving a lot more money than they did in the past. That to me is a good thing. The borrow, borrow, borrow, spend, spend, spend, lifestyle is not one made for long term success. Eventually the bottom is going to fall out of anything like built like that. My dream is that a more secure, financial responsible America will emerge and that will be a country that is built on a solid foundation. It’s only going to take time.

Check out my blog on the record cut in consumer debt at… http://www.thedebtgazette.com/2009/09/se t-record-for-cutting-debt-july/

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By: Griff http://blogs.reuters.com/felix-salmon/2009/09/08/consumer-deleveraging-datapoint-of-the-day/comment-page-1/#comment-6538 Wed, 09 Sep 2009 14:13:06 +0000 http://blogs.reuters.com/felix-salmon/2009/09/08/consumer-deleveraging-datapoint-of-the-day/#comment-6538 Nice video clip…where’s the requisite Jaguars or Mercedes & of course, requisite bling

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By: Bill Dyszel http://blogs.reuters.com/felix-salmon/2009/09/08/consumer-deleveraging-datapoint-of-the-day/comment-page-1/#comment-6531 Wed, 09 Sep 2009 01:38:52 +0000 http://blogs.reuters.com/felix-salmon/2009/09/08/consumer-deleveraging-datapoint-of-the-day/#comment-6531 As this is the biggest drop in consumer debt since the heyday of Cole Porter, I’d like to offer a 58 second musical tribute entitled “We’re Deleveraging” to a tune by Mr. Porter.

http://www.youtube.com/watch?v=42kP-6xSf 70

Feel free to post, link, or pass the word.

Thanks,

Bill Dyszel

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By: q http://blogs.reuters.com/felix-salmon/2009/09/08/consumer-deleveraging-datapoint-of-the-day/comment-page-1/#comment-6527 Tue, 08 Sep 2009 21:49:56 +0000 http://blogs.reuters.com/felix-salmon/2009/09/08/consumer-deleveraging-datapoint-of-the-day/#comment-6527 corporate borrowing has been reasonable. look at the amount of non-financial corporate debt outstanding between, say, 1980 and today. it’s basically unchanged as a % of gdp.

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