A new culture of thrift is here, but for how long?

Many experts say emphasis on saving could be around for quite some time

By Catherine Rampell / The Bulletin
May 12, 2009

The economic downturn is forcing a return to a culture of thrift that many economists say could last well beyond the inevitable recovery.

This is not because Americans have suddenly become more financially virtuous or have learned the error of their free-spending ways. Instead, these experts....

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