Saving too much ( for once)?

For the first time since 1951, American's household debt declines dramatically.

Friday, December 12, 2008

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Americans aren't buying new cars as often

Does falling family debt mean a stagnant economy?

For the first time in recorded history, well since 1951, the debt of the American household has fallen. But is this encouraging news for the recession weary, or a sign that the American economy has come to a standstill? Chrystia Freeland is the US Managing Editor for the Financial Times, she joins John and Adaora

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