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Latest blogosphere posts tagged “consumer economy”
When staff writer Sasha introduced Consumerism Commentary readers to Mint.com in 2007, I began to think about the power of massive consumer financial data. As more people signed up for this online service that connects directly to users’ credit card accounts and bank accounts, Mint.com, or any other similar ...1 week ago
Filed under: Shopping & Deals The cost of austerity Britain has been laid bare. More than half (56%) of us now only buy items when absolutely needed. Almost four in ten (37%) are buying fewer treats. Thats the stark evidence presented by Mintels annual British Lifestyles report that asked how peoples spending ...3 weeks ago
It is only about 10% of the money – that is created by the government. Rest of it come from various credit products offered by the banks or financial institutions. The industry grows the money by lending-deposit-lending cycle. Money is required to pump up nominal GDP. In other words, if you get paid then you are ...3 weeks ago
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