They don’t care about saving and investing. The current shell game is built on everyone spending money as fast as they can get it or borrow it, to create “economic activity” which is supposed to serve as a stand-in for actual productivity. If we stop spending and start saving, then we won’t generate enough activity to keep borrowing, and we don’t have the money to pay the debts we have accumulated, so it would all collapse.
It’s like when Wile E. Coyote is running very fast and runs off the cliff. As long as he keeps running, he is okay, but as soon as he notices he is running on thin air and stops, he falls into the ravine.
“It’s like when Wile E. Coyote is running very fast and runs off the cliff. As long as he keeps running, he is okay, but as soon as he notices he is running on thin air and stops, he falls into the ravine.”
That is a great analogy.