Making and saving money is challenging in the best of times because we are in an economic crisis today. The mortgage lending rates are hurting and loans to consumers are now being shortened. Many major companies are afraid to let out much more credit. This can send us spiraling into a deep depression if we are not careful. It is quite evident that this is a serious problem judging by the amount of credit card debt people have, and the number of people who took out loans, that they either knew or should have known they could never pay back.
Till today, it has been noted that the US is still stuck in the recession. Let us now analyze whether Obama can restore the past American glory. Still its a big puzzle for us even if you will ask anyone you see how the economy is doing and there is a good chance he or she will tell you it's terrible!the economy has faced some drastic changes. Unemployment is on the rise, businesses are closing down. That's why saving money nowadays is complex.
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