And finally......some good news!
No, the housing market has not returned to "normal" (if you can call the recent boom "normal") and unemployment is still dangerously high (unless you live in North Dakota).
But perhaps this recession has taught us a valuable lesson: live within your means.
For the first time since 2002, the average credit card debt per American citizen is now below $5,000 ($4,951 to be exact).
"Consumers continue to pay down their credit cards in response to economic uncertainty and high unemployment," Ezra Becker, a consulting strategist, says in the article.
Like a kid who ate too much Halloween candy, Americans gorged themselves on cheap and easy credit and are now taking a more healthy approach to spending and saving.
It took a global recession to make us realize our faulty ways, but the best lessons are always the hardest to learn.
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