4 ms·
"Global Savings Glut" is the term to search.
by jjoonathan 4y ago
"Global Savings Glut" is the term to search.
- ericmay 4y agoDo you have any particular articles or blog posts or anything you'd care to share? I could search of course but I'm not sure if there's a canonical article.
- jjoonathan 3y agohttps://en.wikipedia.org/wiki/Global_saving_glut https://en.wikipedia.org/wiki/Global_saving_glut The key insight is that savings and investment opportunities are two sides of a single market. Demand and supply. Savings grow reliably and opportunities do not, so demand for investment opportunities outstrips supply of investment opportunities. Therefore, the opportunities get more expensive = lower rate of return.
- deltree7 4y agoYep, this is the answer