β οΈπ¬π§#inflation #debt #uk #savings
UK credit card debt hits record high due inflation. Consumers running into debt to maintain their standard of living and also deposited less money in bank accounts than before the pandemic - FT
UK credit card debt hits record high due inflation. Consumers running into debt to maintain their standard of living and also deposited less money in bank accounts than before the pandemic - FT
πΊπΈ#realestate #us #retailinvestors #savings
real estate - the most popular long-term investment among Americans
#gold #stocks #savings
real estate - the most popular long-term investment among Americans
#gold #stocks #savings
Forwarded from Scorpi18 | Investment Adviser
β οΈπΊπΈ#economy #us #savings #macro
in the US, net saving (as a percentage of gross national income) has fallen into negative territory = the last time this happened was during the onset of the pandemic and the 2008 crisis.
* net saving indicates the amount of income remaining for households, corporations, and the government after accounting for current consumption and capital depreciation.
in the US, net saving (as a percentage of gross national income) has fallen into negative territory = the last time this happened was during the onset of the pandemic and the 2008 crisis.
* net saving indicates the amount of income remaining for households, corporations, and the government after accounting for current consumption and capital depreciation.
βοΈπ¨π³#china #savings #macro #opinion
SocGen: Chinese household savings exceed the country's annual GDP β read more
... if China were an open market economy, its capital markets would be the biggest in the world β FT
#stocks Chinese household savings have accumulated to twice the capitalization of the entire Chinese stock market. Sooner or later, these savings will flow into the domestic stock market, which is denominated in yuan.
SocGen: Chinese household savings exceed the country's annual GDP β read more
... if China were an open market economy, its capital markets would be the biggest in the world β FT
#stocks Chinese household savings have accumulated to twice the capitalization of the entire Chinese stock market. Sooner or later, these savings will flow into the domestic stock market, which is denominated in yuan.