> If, for example, consumers realize they must tighten their belts, they may put less money on their credit cards, freeing capital so it can address the current

> If, for example, consumers realize they must tighten their belts, they may put less money on their credit cards, freeing capital so it can address the current credit crunch. unlikely. the thing is, the credit crunch won't get fixed by people purely saving. if everyone saves, companies will find themselves in tougher times from small revenues, and although there might be more money to go around, the businesses won't be there to borrow it. both businesses and consumers need to be in that happy medium of spending, saving, and borrowing to make the wheels turn.