08-09-2017, 10:12 AM
Problem is people are running out of money.
Â
Â
Bottom graph is the savings rate. People are spending more than they are saving because their wages aren't keeping up with the cost of living.
Â
So in real terms they're going backwards.
Â
Â
Bottom graph is the savings rate. People are spending more than they are saving because their wages aren't keeping up with the cost of living.
Â
So in real terms they're going backwards.