US savings rate has been on a long slow decline since 1959 to 2005.
Ignoring the fake Covid boom, the rate of decline has been quite severe over the last 5 years.
Curent Graph pattern hitting a nadir, thus replicating what happened prior to the GFC .
Very similar in Oztralia
EEC Consumer Debt (EUR 7.8B) to EEC population (350M)
USA Consumer Debt (USD 8.9B) to USA population (335M)
Src: trading-economics
So The EEC credit consumer is in at least as bad a shape as the US credit consumer,.
US savings rate has been on a long slow decline since 1959 to...
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Last
8,091.9 |
Change
46.800(0.58%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,045.1 | 8,091.9 | 8,045.1 |
| XJO (ASX) Chart |