Zeev's Turnips Patch-No Politics (ZEEV)

[Newly2b]

A truer word was never spoken.

BTW, IMO, Americans DO save, they just do not do it in at-risk dollars! They do it with real assets, such as real property (now in its own bubble), Gold and PMs, precious stones, collectibles, etc., and as inflation rises we will see more of that sort of "consumption" saving to protect accumulated wealth, as well as a proliferation of new Swiss (or possibly Australian) bank accounts, no doubt. '70's redux.

Newly