Bank deposits soar despite rock-bottom interest rates - chicagotribune.com

Bank deposits soar despite rock-bottom interest rates - chicagotribune.com

Sam Rose via Jim Lai

From comments on this article: "Americans are paying down debt at a record breaking pace, saving cash at a record breaking place and it seems the Politicans and Banking Industry are placing up walls to prevent this from happening.

So are we really in a mess as they claim to be or are they creating problems to make it look like we are [...] ?"

Recall the fake "debt crisis" we made it through this summer, for instance...

Bank deposits soar despite rock-bottom interest rates

www.chicagotribune.com

Americans are pumping money into bank accounts at a blistering pace this year, sending deposits to record levels near $10 trillion on escalating fears that the U.S. economy is on the verge of another implosion.