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Depressing

Last year Americans spent all of their money, and then some, buying stuff: The U.S. personal savings rate fell to -1 percent, its lowest level in 73 years, according to a February report from the Commerce Department. That's down from a -0.4 percent rate in 2005. The U.S. annual savings rate has fallen into negative territory only four times in history. The other two were 1932 and 1933, during the

Last year Americans spent all of their money, and then some, buying stuff: The U.S. personal savings rate fell to -1 percent, its lowest level in 73 years, according to a February report from the Commerce Department. That's down from a -0.4 percent rate in 2005. The U.S. annual savings rate has fallen into negative territory only four times in history. The other two were 1932 and 1933, during the Great Depression.

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