Archive for January 7th, 2009
What Would Happen if Everyone Saved 10% of Their Income
By Hazzard - Last updated: Wednesday, January 7, 2009
Back in 2005 I asked the question, “What would happen if everyone saved 10% of their income?“. What a difference a couple years makes. My original theory was that our economy would falter significantly. Here’s what I said back then: My take on this is that, if everyone was consuming 10% less, our economy would [...]