I'm curious about that - isn't it also culture-driven (spending habits) or maybe linked to education costs? For instance in France, where "CD" equivalent (DAT)

I'm curious about that - isn't it also culture-driven (spending habits) or maybe linked to education costs? For instance in France, where "CD" equivalent (DAT) rates are fairly low as well currently, the saving rate (ratio between what is added to savings monthly, and monthly revenue) is 15.1% in 2014 (source: INSEE [1]). Also, still in France, people will save /even/ if the interest rate is low. [1] http://www.insee.fr/fr/themes/tableau.asp?reg_id=0&ref_id=nattef08148 http://www.insee.fr/fr/themes/tableau.asp?reg_id=0&ref_id=na...