And as anyone who has read John Maynard Keynes can tell you, when desired savings consistently exceed willing investment, the result is a permanent recession.
When savings were more than investments, the nation went into a recession in 1956.
mnli hypothesis: When savings were more than investments, the nation went into a recession in 1956. premise: And as anyone who has read John Maynard Keynes can tell you, when desired savings consistently exceed willing investment, the result is a permanent recession.