By  on December 8, 2008

Remember “Richistan,” that country of the superwealthy described last year by author Robert Frank? Well, now call it “Thriftistan.”

A stream of dismal economic news, from corporate bankruptcies and mass layoffs to the depressed stock market, has chastened even the most dedicated consumer. The rallying cry “Shop till you drop” has been replaced by “Save till things rise.”

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