Americans: Why We're Addicted to Spending

US News Thursday 5th January, 2012

So what gives? Why do Americans tend to head to the mall instead of saving their hard-earned dollars for a rainy day? A lot of it has to do with culture and government, believe it or not. Unlike institutions in Europe and other places that encouraged savings back in the day with things like postal savings banks, the U.S. government rarely nurtured...


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