Isnt that weird? Its like we are vices!

want to, Guess I'm talking about the world low rate environment we are in.

By leaving interest rates in most of the developed world at record lows, its pretty much worthless to save your money so you are left to spend it or invest it. The Japanese tried this experiment first after their market and property bubble crashed in 1989 and they have yet to recover, wondering why other governments of the world are thinking this time around will be different.

The governments don't want to admit they have no control over the economy; they are pulling hard on the only lever they have but it's up against the endstop.

...that said negative interest rates aren't impossible to implement.

Invest your money on something profitable.

Right, the problem with Japanese low interest rates is because savings is too high, period, but that there needs to be some sort of cultural change to encourage spending (or stronger pension programs/elimination of mandatory retirement ages. Japanese save so much because they live forever but have to retire earlier than most).

Because you aren't buying products that they've put a sales tax on, and supporting businesses who pay taxes on the profit they make, and hire employees that pay taxes.

Less high then you'd think lately... because the old people are spending their retirements and there aren't enough young people to counterbalance it by saving.

Which is problematic since it might shrink Japan's debt market.

Which means they have to go overseas.

Which means they need to go to outside creditors....

which means higher interest rates and well.... nothing good from there.

Japan really needs to cut it's budget and get corruption under control... espiecally since it's corporations are taking a beating. 

Japan's got a lot of problems that stem from the fact that their politics moves like molasses. Took them decades to get the birth control pill approved, for instance.

Oh, and even at High interest rates... non investment savings are kind of pointless as inflation will almost always outpace it.

So it's best to not have that much in savings anyway.  I mean even in financial disasters your likely to get screwed anyway so...

Both the government and the banks work against the citizens. Hide your hard earned savings under your mattress or in a safe location.