Make a Comment • Email Link • Send Letter to Editor • View for Print IPFS Make a Comment • Email Link • Send Letter to Editor • View for Print Saying Goodbye to the Borrow and Spend Economy Written by Bill Bonner Date: 09-22-2009 Subject: Economy - Economics USA Let’s get this straight. Household credit is shrinking… Profits are shrinking… Employment is shrinking… Housing values are shrinking… The wage base is shrinking… But the recession is over! Whoa…how is that possible? This weekend’s news brought no surprises. For example, the housing picture is still depressing – unless you’re a buyer. Watch Streaming Broadcast Live: LRN.fm DLive Live Chat Telegram Share this page with your friends on your favorite social network: