Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: smolejv@gmx.net who wrote (20557)	6/29/2002 11:36:08 AM
From: carranza2	Read Replies (1) \| Respond to 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?

To: smolejv@gmx.net who wrote (20557)	6/29/2002 2:17:05 PM
From: AC Flyer	Read Replies (2) \| Respond to of 74559

Hi DJ: >>This makes (the) French, who save 15.8% (fifteen point eight!! dj) of their disposable income, the European champions. Belgium follows with 12.8, Spain with 11.2 and Italy with 10.2. The Germans put away only 9.8 of their income, and Austrians even less, 8.2 percent.<< Given that the US savings rate is now 3.1%, I would say that this proves that it isn't how big it is, it's what you do with it that counts. The USA's broad, deep and efficient capital markets, together with the US culture of entrepreneurialism and risk-taking, make it possible to finance just about any kind of business venture. During the dot com mania, the US venture capital community couldn't throw their investors' money away fast enough. Even now, the biggest problem faced by US venture capitalists is not raising their next fund, it's finding enough good ideas and experienced people to back. Just what are the French doing with their 15.8%, anyway?