Time to reboot the economy into the virtuous cycle

Good little primer on why we need to get back to saving and investment rather than borrowing to consume and throwing capital at reckless bets in financial markets.

A short animated piece on the benefits of savings and investments. Here is a direct video link.

Also see: US household debt hits record in first quarter.
And OECD: Continued slowdown in productivity growth weighs down on living standards.

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