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World Thrift Day: Global savings surge in pandemic

World Thrift Day: Global savings surge in pandemic

October 30, 2021

The United States, the country that invented credit cards and is famous for practically everyone living off credit and out-of-pocket, has seen a record jump in its personal savings rate during the pandemic, which raced ahead to 13.7 pc in 2020 from 7.6 pc in the preceding year. N...

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