AP IMPACT: Families Hoard Cash 5 Yrs After Crisis
"The further you get away from the carnage in '08-'09, the memories fade," says Stephen Roach, former chief economist at investment bank Morgan Stanley, who now teaches at Yale. "But does it return to the leverage and consumer demand we had in the past and make things hunky dory? The answer is no."
AP Director of Polling Jennifer Agiesta, AP researcher Judith Ausuebel and AP writers Nirmala George in New Delhi, Joe McDonald in Beijing, Yuri Kageyama in Tokyo, Carlo Piovano in London, Sarah DiLorenzo in Paris, David McHugh in Frankfurt, Germany, and Nataliya Vasilyeva in Moscow contributed to this report.
Results of the AP/GfK poll can be seen online at http://www.ap-gfkpoll.com.You can reach Bernard Condon on Twitter at http://twitter.com/BernardFCondon .
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