Why Americans Stopped Saving Money
Why don't Americans save anymore?
During last month's tariff war, a big driver of stock-market declines was foreigners selling.
In a recent video I mentioned how foreigners have stockpiled over $60 trillion in US assets -- much of it in stocks. Which puts America at the mercy whenever foreigners get nervous.
Part of this is terrible trade deals, but the b…
Keep reading with a 7-day free trial
Subscribe to Profstonge Weekly to keep reading this post and get 7 days of free access to the full post archives.