Profstonge Weekly

Profstonge Weekly

Why Americans Stopped Saving Money

Peter St Onge's avatar
Peter St Onge
May 16, 2025
∙ Paid

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…

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