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6: Why America spends while the world saves episode artwork

Jan 6, 2012 17 min

6: Why America spends while the world saves

from VoxTalk Vaults Hosted by VoxTalks

Sheldon Garon interviewed by Romesh Vaitilingam, 06 January 2012 Sheldon Garon of Princeton University talks to Romesh Vaitilingam about his book, ‘Beyond Our Means: Why America Spends While the World Saves’. He contrasts continental European and East Asian countries, which have over many decades encouraged their citizens to save, with the US, which has promoted mass consumption and reliance on credit, culminating in the global financial meltdown. The interview was recorded in London in November 2011.

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6: Why America spends while the world saves

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