America's low savings rate

Lawrence lawrence at krubner.com
Mon Aug 20 12:19:58 PDT 2001


From: "Gordon Fitch" <gcf at panix.com>
> Lawrence:
> > Everyone saves and becomes independent?
>
> This wouldn't be permitted to happen.

But isn't an independent middle class exactly what seperates the industrial countries from the Third World countries? Apparently it has been allowed to happen?



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