Is Saving Money Bad for the Economy?
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USA Goverment needs your money to continue spreading New World Disorder
aviomaster 1 year ago
The number of retirees is set to increase due to an onslaught of "baby boomers" on the way. With companies eliminating 401k's & pension funds, increased savings will continue. Unfortunately a 10% savings rate added to a future retiree'ssocial security will not be enough to support them. Not only will retirees be saving more, they will be buying less. And during retirement the spending will drop more. A strong dollar will "stretch a buck" so to speak." Millions have little or no savings.
vimzibaiegh 2 years ago