I did the Schiff posts for a year that talked about how the US government (both parties) main policy is to discourage savings and ecourage personal debt and consumption with low interest rates. In China savings is a cultural norm similar to my grandparents in their day.
So when I hear these Washington establishment liberals (including republicans) complaining about low savings it just get’s me mad.
I hear ya. I agree with you, and can’t tell you how many times I’ve been angry over the last nearly year and a half. Oh hell, I’ve been angry for years before that as I saw what was taking place in both parties.