The Financial Deception In America Recent research shows that for every $100 the average American brings home in earnings, they spend $101 of it. This means that the savings rate of Americans is negative, and this rate rivals the savings rates of Americans during the Great Depression in 1933. If this information doesn't scare you, it should. While the United States is commonly thought of as the richest country in the world, this...... Similar Editorial : by Richard A. Hall. | Source : Finance Loan Money