3 ms·

Savings rates are higher in developing economies because there are fewer social safety nets.

• lubujackson 8mo ago
  Good thing we don't have to worry about a lack of social safety nets in the U.S.....
• orwin 8mo ago
  Europe would disagree. Also past US would disagree. The issue I have with US saving rate is that the last time they were this low was 2005-2007.
  • deleted 8mo ago
    [deleted]
• bamboozled 8mo ago
  Saving rates are huge in Japan and they have great social safety nets.
  • deleted 8mo ago
    [deleted]