New Trade Routes

Drawing digital pathways on the new trade maps.

Seattle, WA USA

Trade drives the way people interact.  People, products, money, and ideas follow the trade routes and impact everything in their path.  Keeping pace with the way trade routes are changing is essential to success or even survival.  New Trade Routes is working to better understand the changes so we can help our clients, investees, and grantees improve their chances of success.

 

Filtering by Tag: Savings Rate

US Savings Rate: Headed Over 10%?

February 27, 2010  /  Jay Leon

For a long time we have had one of the lowest savings rates in the world.  Even now, we are just about 4%.  

What drives the savings rate?  Are we motivated by what is better for our country (to own our own government debt instead of China)?  Of the nations tracked by the OECD, the savings rates ranged from 17.9% in Spain to 1% in Australia.  If you sort the list by savings rate there is a direct correlation to the stability of the economy and government.  Translation:  people save more when they have low confidence in their government.

So great news for the US, our savings rate is going up! 

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categories / Economics
tags / Savings Rate