Share your insights or perspective on the financial matter presented in the input.

Why is everyone saying how desperately we need to save money “in this economy”?
It's all about risk. In 1990, expressing the idea of the US defaulting on debt payments would result in you being labelled as a crank.  Yet in 2011, the President and Speaker of the House played chicken with the credit of the United States, and have a date to do it again in December 2011.