For most of us, this is one of the scariest financial times in our lifetimes. And one of the reasons we’re in trouble is that healthy financial institutions are hoarding nuts for the long winter instead of sharing the wealth.

As a consumer, I’m doing the same. I am being extremely careful about how I spend, which means I’m saving more. I doubt I’m the only one.

It makes me wonder. Is America, the nation of spenders simply in hibernation and we’ll come out hungry for deals when this financial thing shakes out? Or are we going to come out of this mess fundamentally changed?

This entry was posted on Friday, September 26th, 2008 at 2:25 pm and is filed under credit, shopping, spending. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.