Reports on macroeconomic See all

A chart that shows the long-term declining rate of of net domestic savings in the U.S.

Opinion: Modern Monetary Theory is no cure for the savings-shortage illness

As the pandemic-induced crisis pushed the U.S. national savings rate into negative territory, the country has become even more dependent on capital inflows from abroad to  meet its investment needs. And as investors from China are no longer welcome on American shores, where will all that money come from? 

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