Comments on: Personal Savings Rate

By: First Post « Athreya Associates

First Post « Athreya Associates — Wed, 09 Sep 2009 00:34:56 +0000

[...] Cost of tax credit – homes and autos Personal savings rate [...]

By: Odograph.com » Blog Archive » More on the Savings Rate

Odograph.com » Blog Archive » More on the Savings Rate — Wed, 02 Sep 2009 14:51:16 +0000

[...] Mark Warywoda of Addenda-Capital via The Big Picture: How is it was possible that debt-to-income ratios hadn’t improved much when the savings rate had gone up to 5%. The short answer is it comes down to the simple equation: Savings = DPI – personal outlays. [...]

By: holulu

holulu — Wed, 02 Sep 2009 02:11:37 +0000

Where is the link to this guy’s article? I like to read the whole thing.

By: matt

matt — Wed, 02 Sep 2009 01:31:07 +0000

bazily: If I remember correctly, the data is in the flow of funds report, which is freely available from the Federal Reserve

By: Night Time Reading: 2009-09-01 - Credit Writedowns

Night Time Reading: 2009-09-01 - Credit Writedowns — Wed, 02 Sep 2009 00:22:08 +0000

[...] Personal Savings Rate | The Big Picture [...]

By: bazily

bazily — Tue, 01 Sep 2009 23:37:18 +0000

would love to see the specfic data he’s using for his definition of Personal Savings and calc the rate.

By: Paul S

Paul S — Tue, 01 Sep 2009 20:46:22 +0000

Where do we get the top 1% number removed from this? Is there any way to really do that?

By: ben22

ben22 — Tue, 01 Sep 2009 18:44:48 +0000

Props to Troy, I believe you have been saying this for a little while now. Good eye.

@flips:

(with apologies to that two-faced politician, what’s his name)

Um, Senator, er uh, Congressman.

By: flipspiceland

flipspiceland — Tue, 01 Sep 2009 17:38:53 +0000

Charts are so perfect in the rear view mirror.

Just once I’d like to see one as precise thru windshield.

(with apologies to that two-faced politician, what’s his name)

By: Onlooker from Troy

Onlooker from Troy — Tue, 01 Sep 2009 17:23:01 +0000

Pat G.

Likewise. And knowing that there are a very small number of real uber savers out there (doing a huge percentage of the overall savings), and seeing the terrible savings numbers, I’ve been terrified to think what a large percentage of people are just terribly cash flow negative for such long periods of time (my SIL, exhibit A).

And therefore what their net worth is (negative, maybe grossly so) and what their ability to sustain through any kind of adversity. They’re literally living on the edge, with more debt as their fall back plan.

It’s all thoroughly covered ground, but it’s so central to our future. And the notion that we can continue on without a very large and pretty extreme retrenchment period is just so naive, out of touch, or downright stupid.