Everybody Loves Your Money

I have read so many different personal finance blogs, and left quite a few comments because I find it really interesting to have dialogue with others that share my interest in personal finance. In an attempt to create more dialogue, I thought I’d post questions once in awhile for everyone to answer by leaving comments. I’m hoping to find that the most interesting items to read will be in the comments that everyone leaves. So here it goes. I hope you’ll offer your input:

You’ve all heard it before. “Everyone should save 10% of their income”. Here’s the question:


What would happen if all of a sudden, starting tomorrow, every single wage earner in America saved 10% of their income?


Think big.
What would happen to the economy?
What would happen to different industries over time?
What would happen to people?

Your honor. The charges against my client are ridiculous. All the evidence is circumstancial. The paint? What paint? Oh, that paint? Uhhhh, he simply fell in a puddle of gold paint. That has nothing to do with these paint sniffing charges:

http://www.thesmokinggun.com/archive/0721051gold1.html

Okay, so it has nothing to do with personal finance, but I did find it funny.