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I wrote my comments as an observation what U.S. is doing, not what U.S. should be doing. It's only the reality of the situation. I would like to inform you I a
by meric 11y ago
I wrote my comments as an observation what U.S. is doing, not what U.S. should be doing. It's only the reality of the situation.
I would like to inform you I am in fact Chinese (living in Australia), and I save 80% of my income for my retirement, and invest in myself. You can blame your government for operating in a way to cause the Fed to lower the interest rate to zero, so that everyone borrows to consume and no one likes to save anymore.
I put away 80% of my income every month to invest in Australia's economy. How much do you save and invest in yourself and your country? As the saying goes, to take care of the world, first take care of your country. To take care of the country, first take care of your family, and to take care of your family, first take care of yourself.[1]
[1] https://books.google.com.au/books?id=jSXjAQAAQBAJ&lpg=PA89&ots=1r2AM1nlnV&dq=Once%20%20person's%20will%20becomes%20cheng%20his%20heart%20mind%20can%20be%20set%20upright&pg=PA89#v=onepage&q=Once%20%20person's%20will%20becomes%20cheng%20his%20heart%20mind%20can%20be%20set%20upright&f=false https://books.google.com.au/books?id=jSXjAQAAQBAJ&lpg=PA89&o...