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Don't Fall Victim to These 5 Wall Street LiesMarch 24, 2009 By Keith Fitz-Gerald, Contributing Editor, |
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Wall Street Lie #5: Shop 'til You Drop and Save the Economy
Have you heard?
It's our new patriotic duty to go out and spend money.
Not only does the U.S. government want you to go on a spending spree, but Wall Street and the credit card companies are also looking to you to save their sorry hides by helping you do just that.
That's why the stimulus plans – you know, the ones designed to give you relief during a recession – revolve around tax cuts and handouts. It's mere window dressing.
Here's the bottom line…
Nothing will matter until the banks start lending again. Period.
NEXT: What to Do Now




