Gerry
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Many, in this time period especially, have negative savings such as credit
card indebtedness.
On balance, is there any reason to suppose that workers' savings will on
balance be significantly
greater than workers' indebtedness?
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Paul C
I think you are right that often workers have negative net savings, but this varies accross countries and historical time periods. As I understand it, in Japan and China workers savings have been higher than in the USA, but I can not cite up to date figures on this.
The University of Glasgow, charity number SC004401
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Received on Wed Apr 7 10:33:36 2010
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