To say the world is experiencing a 'savings glut' is to say the rest of the world isn't over-consuming the way America is.
That the over-production is enabled by the wholesale mining and wasting of the planet’s fertile core is the long-term, serious issue.
That long-term issue the other side of the problem to the short-term issue of talking about the challenges of the present day economy as a 'savings glut'.
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