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Word: consumerized (lookup in dictionary) (lookup stats)
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The effort required to address our current crisis is trivial compared with Britain repelling the Nazis. But the situation is getting more dire. Remember all the talk about how we have been "borrowing from future generations" with the federal deficit, consumer debt and so on? Well, it's been going...

Author: /time Magazine | Title: The Leader We Deserve | 10/16/2008 | See Source »

Still, a lot of people are going to have to rebalance their portfolios to remain properly diversified and in line with their goals. "You can have an extremely negative view of the economy and use that to say, 'I am not going to go anywhere close to consumer discretionary stocks...

Author: /time Magazine | Title: The Big Bank Bailout: Are You Next? | 10/16/2008 | See Source »

One possible benefit of turmoil: the bear market of 2008 may have ended the spendthrift ways of the 80 million--strong boomer generation, which is now heading rapidly toward retirement, and refocused them on saving. "We must have a reset on consumer spending; frankly, it is out of control," says...

Author: /time Magazine | Title: The Big Bank Bailout: Are You Next? | 10/16/2008 | See Source »

In an attempt to make shopping for insurance a more consumer-friendly experience, Aetna asks how big a BodyGuard plan you need. WellPoint's Tonik line lets you decide whether you are a Thrill-Seeker, a Part-Time Daredevil or a Calculated Risk-Taker (choices that come down to less...

Author: /time Magazine | Title: Insurance for $30 a Month | 10/16/2008 | See Source »

What's more, a new "Adverse Market Fee" recently instituted by lenders for borrowers with less than perfect credit (regardless of the market) could raise the cost of a loan another half a percentage point - or an additional $70 a month on that same $200,000 loan - for nearly 20...

Author: /time Magazine | Title: The Bank Bailout's Side Effect: Rising Mortgage Costs | 10/16/2008 | See Source »

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