America’s Saving Rate: Thoughts on Savings (Part 1 of 2)
Sep 13th, 2005 | By Michael Shedlock | Category: Currencies
Mike Shedlock examines what savings are, what they're not, and explains why America's negative Saving Rate is a serious problem.
SOMEONE RECENTLY TOLD me he was saving by contributing to his 401(k).
Another person told me he was saving by paying off his home mortgage quicker.
Both of those may be wise decisions, ...read more
