0 sats \ 4 replies \ @Satosora 29 Oct \ on: German Savers Crush Global Competition: 10.4% Income Stashed in 2023 🚀 econ
Japan also has a high savings rate, but they dont save it in banks. So the numbers could be a bit skewed.
write
preview
47 sats \ 3 replies \ @Signal312 29 Oct
How are the Japanese saving? Cash?
reply
20 sats \ 1 reply \ @TomK OP 29 Oct
By far less than the almans. They are highly invested in domestic stocks and bonds
reply
0 sats \ 0 replies \ @Satosora 29 Oct
Right, usually the money in japan stays in japan.
reply
0 sats \ 0 replies \ @Satosora 29 Oct
Cash, gold, real estate.
reply