@ReutersGraphics
Reuters Graphics
9 days ago
An important yardstick of confidence has been the rate of savings – the more uncertainty over the future, the more people save. https://t.co/4uEMiYCLo7
Tweet media one
8
14
49

Replies

@ReutersGraphics
Reuters Graphics
9 days ago
While people in other countries such as Ireland and Germany started hoarding more and more cash as the pandemic unfolded, Swedes kept saving at the same rate as usual. https://t.co/PIROMWOpWq
Tweet media one
10
26
71
@WaqarMustafavi
chota waqar
9 days ago
@ReutersGraphics @Reuters These savings could hv been unintentional...mass deaths lockdowns less traveling and retricted lives gloomy society will not spend normally and the incoming stimuli checks could hv been causing the cash piling up...
0
0
1
@Mollie_Whuppie
Mollie_Whuppie
9 days ago
@ReutersGraphics In Ireland’s case, Reuters, it’s because they aren’t allowed to go anywhere to spend it 🙄
0
0
1
@SpaceCo88648797
Space Cowboy
9 days ago
@ReutersGraphics @Reuters Not sure if this yardstick really works that well in a pandemic. Certainly confidence may be low, but this measurement is moot given people don't have as many opportunities to spend money even if they wanted to.
0
0
1
@jocami_ca
Jocami Ca
6 days ago
@ReutersGraphics Could the closure of bars, restaurants and non-essential shops, together with drop in all travel have an impact on the rate of savings? Rather than just uncertainty?
0
0
0