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1) Schooled by Our Mistakes: The Younger Generation's Safer Approach to Savings
Author:
Isla Campbell
Category:
Finance
Within a healthy economy, there exists a fine balance between the amount that credit providers lend and the amount that consumers spend. This balance between lending and spending has, as the recent credit crunch proves, been a little wobbly in recent years. The larger amounts of credit loaned by banks and building societies combined with a generation of consumers insistent on living beyond their means has led to a backlash against the economy, leaving the providers with no other option but to...
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