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2min chapter
60. The economics behind Sunak’s general election gamble with Torsten Bell
The Rest Is Money
Households' Shift towards Saving Amid Economic Challenges
Households are increasingly opting to save rather than spend extra money during economic challenges, influenced by pessimism about the economy's future and stagnant wage growth. The chapter explores the impact of past economic experiences and rational decision-making on adjusting to current financial uncertainties.
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