U.S. Consumer becoming the world's debtor
Anyone else catch the article on CNN's Money section about the U.S. consumer spending far more than it can support. Though one can see opportunites abound in this, one can also see how much trouble this could get us as a nation into.
It would be nice that for all the various ways that institutions are showing how we can get into debt, it would also be nice for these institutions to promote responsible spending.
Anyway, off the soapbox and into the link for this interesting article.
http://money.cnn.com/2003/10/02/markets/consumerbubble/index.htm
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