Interest Rate on Soverign Debt From 1150 AD to 2012: Chart

The following chart shows the yield on long-term soverign debt from 1150 AD to 2012. In the year 1440, Venice paid a high itnerest rate of 20%. Overall according to an article by Dominic Frisby at MoneyWeek money has not been this cheap for a very very long time when we consider the current interest …

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An Update on US Personal Saving Rate

The US economy is a consumption-driven economy. Hence American consumers traditionally tend to spend than save. The personal saving rate grew after the global financial crisis of 2008-09 and reached a peak of 11% in Dec, 2012. But since then a growing economing and falling unemployemnt have led to a decrease in the saving rate …

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