Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: smolejv@gmx.net who wrote (20557)	6/29/2002 11:36:08 AM
From: carranza2	Read Replies (1) of 74559

As of last moonth, the US savings rate was 3.1%, a figure that is abysmally low and probably insuficient to support capital expenditures. The lowest European rate is very high compared to America's. The French, however, are not noted for huge, capital intensive projects. What are the French savings doing?

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