Friday, February 1, 2013

US household spending continues to rise vs European households-WSJ

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2/1/13, "Spot The Odd One Out," Zero Hedge

"Some nations around the world have cut back on household spending amid a growing sense that the current debt burdens are unsustainable and perhsps current lifestyles could be modestly sacrificed in the hope of a more sustainable tomorrow. There is, however, one rather large nation that has not only not slowed its spending habits but has accelerated it - can you spot which one?"


















 Chart from Wall St.. Journal, 1/31/13, "Lingering Bad Debts Stifle Europe Recovery



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