Quote:
Originally Posted by jammies
Problem? You want to see problems, imagine if everyone started saving their money and investing instead of buying things. Buying things is what our economy is based upon, if the vast majority of people were thrifty, budget-conscious and more likely to invest than spend, we'd be in an eternal depression. The Jones keep the economy solvent....
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Switzerland says hello. Its citizens, on average, don't spend much, do invest a lot, own their real estate and have smaller consumer debt as compared to other developed countries. Plus, their taxes are amongst the lowest in developed countries. And their economy is in great shape.