How Savings Are Saving the Economy
If a person owns a lot of money, what he should do to save his own economy is to work hard, save money and reduce consumption. The U.S economy broke at the lending level, and that’s where the government should focus. On both a personal and national level maintaining a solid savings rate is one of the best cures for economic woes. Savings translate into investments, and hence into a crucial source of spending––for the future, the most crucial.
