4 ms·
Something has been seriously wrong with the U.S. savings rate over the last 3-4 decades: https://fred.stlouisfed.org/series/PSAVERT https://fred.stlouisfed.org/
by lr4444lr 8y ago
Something has been seriously wrong with the U.S. savings rate over the last 3-4 decades: https://fred.stlouisfed.org/series/PSAVERT https://fred.stlouisfed.org/series/PSAVERT
You would see by the graph that maybe we started to learn something after the 2008 meltdown, but nope - trend reverses again in 2012 or so.