Hear: The Pain of No Spending
Today on Planet Money:
The Dow is up. The TED Spread is down. So are inflation and consumer spending. All that together spells: trouble.
-- Listener Leah Hyman wants to know what it's like to live in a recession.
-- Americans are cutting way back on spending, says Amir Sufi. It's only natural, but it's not fun.
-- Partha Mohanram, an expert in the mystic art of the balance sheet, takes a look at one through Edgar.
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