And once people realize that and begin to change the consumer culture, that's when the next market crash happen and 10% of all workers get laid off. Saving is

And once people realize that and begin to change the consumer culture, that's when the next market crash happen and 10% of all workers get laid off. Saving is opposite of spending, when a lot of people spend less, they'll also earn less, some more disproportionately, this cycle continues until its a great depression. You can start from a high saving society to a high spending society and enjoy years of boom, or you can jump of a cliff - 70% of US economy is consumer spending, as in, most everyone's salary is supported by that. You can't save when you are jobless.