Savings Rates

In a world of capital shortage, the countries where the shortage is least acute will do best. France, Germany and Italy, with double-digit savings rates, will outperform Britain, the United States, Canada and Australia, whose savings rates have consistently lagged.

Finally an article worth posting on this blog! An astute assessment of where we have come from, where we are heading, and why. I encourage you to click on the link above and read the article by Martin Hutchinson.