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blackox506Lv1
28 Sep 2019
Here is an article that helps explain what happened to the saving rate in America:
http://www.davemanuel.com/2010/03/01/a-history-of-personal-savings-rates-in-the-united-states/
Note some reasons Americans cut way back on saving, particularly in the last 30 years?
Please also comment on whether you are a saver, have ever been a saver, or are likely to become a saver. And if saving is such a good thing, why might it be bad for the economy if everybody saved as much as they possibly could?
Here is an article that helps explain what happened to the saving rate in America:
http://www.davemanuel.com/2010/03/01/a-history-of-personal-savings-rates-in-the-united-states/
Note some reasons Americans cut way back on saving, particularly in the last 30 years?
Please also comment on whether you are a saver, have ever been a saver, or are likely to become a saver. And if saving is such a good thing, why might it be bad for the economy if everybody saved as much as they possibly could?
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Joshua StredderLv10
28 Sep 2019