From 2002:
Task force tries to save those who save too much
Contrary to popular belief, those who faced extreme deprivation in the Great Depression or Holocaust generally don't become hoarders, he said. Hoarding is not keeping a bank of shelves in the garage well-stocked with canned goods for an emergency or having a collection of snow globes or African masks that has grown a little out of control.
By clinical definition, hoarders store things that are useless or of no value in volumes that interfere with their daily functioning, Frost said.
Well, that's certainly a relief. We can all prepare for Great Depression and/or Holocaust level emergencies without resorting to hoarding. Whew!
Friday: No Major Economic Releases
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Friday:
• At 10:00 AM ET, *University of Michig...
1 hour ago
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