Here's another brief, but rather rhetorical question for readers: Are you better off when you save more of your monthly and annual earnings? The answer to this question is so obvious as to beg the question why anyone halfway bright would ask it.
Still, it's worth asking simply because Greg Ip, the Wall Street Journal's chief economics reporter, thinks abundant savings in Germany and China are economically harmful, and that they'll lead to “dangerous imbalance” that will leave “others, including the U.S. and the rest of Europe, worse off.” It's hard to know whether to laugh or cry.
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