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Strangely, the average Indian (vastly poorer than even poor Americans) manages to save 20%. Lets distinguish "incapable of saving" from "unwilling to reduce co
by yummyfajitas 11y ago
Strangely, the average Indian (vastly poorer than even poor Americans) manages to save 20%.
Lets distinguish "incapable of saving" from "unwilling to reduce consumption".
- thfuran 11y agoAm I merely "unwilling to reduce consumption" if I refuse to save money by not paying for internet or a cellphone plan?
- itsybitsycoder 11y agoAre those really the only optional expenses you have? I would find that very surprising.
- icedchai 11y agoI think "consumption" is baked into American culture. Most people are not going to save, period.