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Fed Policy and Credit Bubbles
The US relies heavily on consumer spending to prop up the economy in times of economic contractions. The Federal Reserve Board spurs consumption by adjusting short-term interest rates, which encourages Americans to buy consumer goods on credit.
Surviving the Uber RecessionMost people that talk about surviving the recession always talk as if you have $100,000 in your Charles Schwab Brokerage account and can sell off countless stocks to save yourself. In reality, most people that I know are astute homeowners that may or may not have two incomes and are trying to simply make ends meet.