What Are American Consumers THINKING?
October 19, 2007 by Miranda Marquit
Filed under Finance
One of the hardest aspects of financial planning is the discipline it takes to curb your habits and re-focus. And overcoming habit is hard. But at this point, some things seem ingrained in the American consciousness to the point of ridiculousness, as MarketWatch points out:
Yet still, despite falling house prices, soaring energy prices, a credit crisis hitting the financial sector, and increasing concern about more violence in the Middle East, the amazingly resilient American consumer continues to pack malls, restaurants, highways, popular air routes, concerts, and sporting events, as if the bill for all these hijinks will never come due.
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