Currently, the U.S. savings rate hovers at 6%, so these cuts may reignite consumption.
The Japanese consumer isn't as over-leveraged as their U.S. counterparts, and their savings rate is higher.
Since Brazil's savings rate remains low, foreigners will have to pay for most of the projects.
But the U.S. national savings rate won't rise, and its savings-investment balance could actually worsen.
Our per capita liquidity exceeds that of Japan, a nation noted for its high savings rate.
Americans are consuming less and saving more--their savings rate hit a 15-year high last month.
Germany has a high savings rate but pension-fund assets of just 14% of GDP.
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India's savings rate of 35% of GDP remains among the highest in the world.
The private savings rate last year fell to its lowest level since the Great Depression.
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Unless the savings rate comes down meaningfully, GDP settles back to a below-normal level.
The link sounds plausible: take China's regular 9-10% annual growth and its high savings rate.
Now, the savings rate rests at a below normal 3.3 percent, probably headed towards zero.
Writing about the savings rate, the authors at one point wrote that it went negative.
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It's got an aging population, a very high savings rate and a lot of large, large companies.
As the Baby Boomer demographic hump inexorably inched its way toward retirement their savings rate steadily fell.
With a savings rate of barely 4% of GDP, the average US household is unlikely to be over-saving.
At the same time, the monthly personal savings rate scratched an all-time low, a negative 0.2% in July.
In China the corporate savings rate is over 50%, and the government is pushing for more outbound investment.
Is that - and in contrast you say that the U.S. savings rate is currently below 4 percent.
Take for example our abysmal savings rate 1 percent or maybe even 0 depending on how you measure it.
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Looking further inside the report, consumer spending was weaker than expected, and so was the consumer savings rate.
Japan had a high savings rate for years but has suffered dismal growth over the past two decades.
The following graph depicts the personal savings rate in the United States as reported by the Department of Commerce.
And this means that personal accounts are likely to increase the savings rate.
"It's unfortunate that policymakers in the 2000s and even before didn't take measures to raise our savings rate, " he says.
The savings rate only went negative insofar as the government that they properly decry measures it in a flawed way.
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But the tremors foretelling an economic apocalypse are there: Its once vaunted individual savings rate, for example, has virtually disappeared.
Even if the higher savings rate is achievable, the most important question yet to ask is whether the goal is meaningful.
The meager growth forced Americans to save less, allowing the savings rate to fall to 3.7%, the lowest level since 2010.
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