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The Paradox of Thrift

Power Lunch Club

Power Lunch Club

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Interesting artice on the BEEB....

BBC NEWS | Business | The paradox of thrift

As the economy slows down, we are tempted to stop spending and start saveing. But of course the governments want us to start spending to speed up the economony and create growth.

It's a catch 22 for many people out their...but it all comes down to spend spend spend...to get the money moving again.

Gordon
 
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