Monday, September 17, 2007

U.S. saves more than any country in the world?

I had always suspected as much from my own personal experience (we now have a bigger retirement fund, better cars, and a nicer house than we did 15 years ago, despite our "official" savings rate being more or less static), but the figures presented here were even greater than I would have imagined.

http://american.com/archive/2007/september-october-magazine-contents/running-on-empty/