Perhaps because 4 in 10 Americans are bad with money. As jandrewrogers stated, A... | Hacker News

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		0xDEAFBEAD on Dec 5, 2024 \| parent \| context \| favorite \| on: Why America's economy is soaring ahead of its riva... Perhaps because 4 in 10 Americans are bad with money. As jandrewrogers stated, Americans are not good savers. (I believe this is a big contributor to our trade deficit as well.)

xvector on Dec 5, 2024 [–]

To be honest, you don't really want people saving too much in a healthy economy. You want them spending.

Joker_vD on Dec 5, 2024 | [–]

But then where would the investment come from?

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