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0 pointsffgjgf12y ago0 comments

> Americans have stopped saving

Have they? The personal savings rate is not that much lower than it was between 2000 and ~2019 on average

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trog2y ago

It's pretty low, and I'm not sure average is the best measure here, but I can't find median to compare.

I did see this a few weeks ago and thought it was interesting - excess saving rates are dropping sharply: https://twitter.com/saxena_puru/status/1747041218004156505

There is another household debt graph that I can't find right now that is going up. I suspect the decline in savings rate is being buoyed somewhat by debt.

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trog2y ago

It's pretty low, and I'm not sure average is the best measure here, but I can't find median to compare.

I did see this a few weeks ago and thought it was interesting - excess saving rates are dropping sharply: https://twitter.com/saxena_puru/status/1747041218004156505

There is another household debt graph that I can't find right now that is going up. I suspect the decline in savings rate is being buoyed somewhat by debt.

j / k navigate · click thread line to collapse