Posts Tagged ‘Fashion Labels’

Decade in Review: A wild ride in personal finance

December 19th, 2009

Decade in Review: A wild ride in personal finance
It was a decade of living dangerously. With interest rates low and lending standards lower, credit became the currency of the decade. Exotic mortgage products helped housing prices more than double. Consumer spending shot up more than 48 percent _ even while wages stagnated _ as shoppers snapped up big-screen TVs, gadgets like iPhones and fashion labels like Gucci and Jimmy Choo. The amount of …

Read more on AP via Yahoo! Malaysia News

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