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: Instapundit.comKING BANAIAN: Underneaths The GDP Report. ?I was more surprised by the reported savings rate of 6?.
By Glenn Reynolds
KING BANAIAN: Underneaths The GDP Report. “I was more surprised by the reported savings rate of 6.2% than any other number. An economy that is showing vigorous growth and high optimism would have a rate moving lower. But of course sentiment is down to pre-2010 levels, and consumers appear to have decided to continue the repair of their balance sheets instead.”
Full post as published by Instapundit.com on July 31, 2010 (boomark / email).
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