Guest Post: Where’s The Crisis?

Submitted by Azizonomics
Where’s The Crisis?
A hilarious BusinessWeek piece from 2005 asked:






Is the U.S. in a savings crisis? We think not, though one may be brewing if attitudes toward the budget deficit don’t change in Washington. The fact is that for the past 20 years, America has grown faster than Europe and Japan, two of the world’s highest savers. Year after year, U.S. deficits are financed, bills are paid, and living standards rise. If anything, America is awash in

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