Many economists have taken aim at Americans as having the least amount of savings as conpaired to many of there counterparts, actually very inteligent I beleive. Last year I had a savings account that carried a minimum balace of $500 per day, interest paid by 5/3 rd Bank, .08 cents (eight cents)interest for the year,  so why would anyone, of sound mind have a savings account in the US ??????????????????????  I guess only some old fools like myself. CCH