King Kong Debt Meets Middle-Class Life. Stacy A. Teicher.
by Teicher, Stacy A; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2005Article 39Business. Publisher: Christian Science Monitor, 2004ISSN: 1522-3191;.Subject(s): Bankruptcy | Credit cards | Debt | Finance -- Personal | Finance companies | Materialism | Middle class familiesDDC classification: 050 Summary: "Ask most people if they should save more, and the likely response would be 'yes.' But with so many opportunities to spend, sometimes we just can't help ourselves. Shopping is even seen as an expression of patriotism: Go ahead, buy the latest gadgets, a bigger car, or another pair of spike-heeled shoes, it will be good for the economy." (CHRISTIAN SCIENCE MONITOR) This article discusses the growing debt in the United States and reveals that "30 percent of Americans believe they probably will always have debt."Item type | Current location | Call number | Status | Date due |
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REF SIRS 2005 Business Article 36 SEC Chief Asserts Agency Can Tackle High-Tech Fraud. | REF SIRS 2005 Business Article 37 American Poverty. | REF SIRS 2005 Business Article 38 Silver Dollars. | REF SIRS 2005 Business Article 39 King Kong Debt Meets Middle-Class Life. | REF SIRS 2005 Business Article 39 A Monkey Off Their Back. | REF SIRS 2005 Business Article 4 Progress and Peril in China's Modern Economy. | REF SIRS 2005 Business Article 40 Hidden Debt--A Problem the Candidates Don't Address. |
Articles Contained in SIRS Enduring Issues 2005.
Originally Published: King Kong Debt Meets Middle-Class Life, Aug. 16, 2004; pp. n.p..
"Ask most people if they should save more, and the likely response would be 'yes.' But with so many opportunities to spend, sometimes we just can't help ourselves. Shopping is even seen as an expression of patriotism: Go ahead, buy the latest gadgets, a bigger car, or another pair of spike-heeled shoes, it will be good for the economy." (CHRISTIAN SCIENCE MONITOR) This article discusses the growing debt in the United States and reveals that "30 percent of Americans believe they probably will always have debt."
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