24 sats \ 2 replies \ @TomK OP 21 Oct \ parent \ on: Global Debt Spiraling Out Of Control econ
Free the market, let households decide on spending and saving to get back to private formation of capital
How is the Germans’ saving rate like? I know that Singaporeans and Japanese save rather aggressively, so I don’t think leaving to market initiatives will be successful. An example is how the SG government gave each citizen $100 worth of tourism vouchers to stimulate spending during COVID