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Jun 17 2009

"Herculean Effort" by U.S. Consumers Only Making Small Dent in Debt Mountain

Posted by: yahootechticker in Yahoo Tech Ticker

Despite a “Herculean effort” by Americans to increase savings, we’ve only made a “small dent” in our collective debt mountain, says Liz Ann Sonders, chief investment strategist at Charles Schwab.Even as the U.S. savings rate has risen

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