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If Pretend Debt Ceiling Negotiations Lead To Downgrade, Credit Card Users Get Hit First
For most of the 21st century thus far, Americans spent well beyond their means, purchasing the life they wanted on credit, incurring debts that always looked as if they could be paid off later. And it's understandable why they'd do that -- while most of our 20th century wars were fought at home by a populace that rationed and sacrificed for the greater good, the Global War On Terror enjoined us t...
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Summary
For most of the 21st century thus far, Americans spent well beyond their means, purchasing the life they wanted on credit, incurring debts that always looked as if they could be paid off later. And it's understandable why they'd do that -- while most of our 20th century wars were fought at home by a populace that rationed and sacrificed for the greater good, the Global War On Terror enjoined us to spend money, and go on vacation.
Resources for this article
- Paywall Strategies for Online Content - executive summary Download a free executive summary of our must-read research report on paywalls and subscription business models, written by Peter Kirwan.
- Media Market, Journalism and Technology Predictions 2011 by Nic Newman New media strategist Nic Newman give his annual take on what lies in store for journalism and technnology in 2011.
- Mobile Publishing Strategies for Media Owners - Executive Summary Mobile Publishing Strategies for Media Owners will give anyone a checklist of questions that you need to be asking within your organisation.
- Journalism, Media and Technology Predictions 2012, by Nic Newman Where is media and technology headed in 2012? Nic Newman's annual assessment of the changing landscape is a must-read guide to the trends that matter.
- The Best of TheMediaBriefing.com July - December 2011 Catch up on some of the best writing on TheMediaBriefing.com in last half of 2011 with our free ebook.
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