The Global Savings Glut And Privitization
June 16, 2016
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As I wrote in an earlier blog, (Blog 5/26/16) the world is awash in personal savings accounts, what Ben Bernanke calls a “global savings glut.” (“Private Desires, by Geoff Colvin, Fortune, June, 2016, pg. 54.) In a recent essay, Geoff Colvin points out this sea of cash is chan
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