Thanks To Central Banks, Saving Rates Are Declining Worldwide by Ryan McMaken, Mises Institute The media has again begun focusing on the fact that most Americans surveyed have less than $1,000 in their savings accounts. On Sunday, USAToday reported on “America’s spend-first mentality” and last week, CNBC suggested that 34% of Americans “have no savings at all.” The statistic that most Americans have less than $1,000 in sort of liquid emergency fund stems from a 2015 study by GoBankingRates which concluded that 34% of Americans have zero dollars in a savings account while 35% have between one dollar and $1,000…
Saving Rates In Greece Are Negative 17 Percent
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