It’s (still) a long way back to normal for the US, UK and Spain

Savings please!

Courtesy of Bernstein Research via FT Alphaville

Related posts:

1. Bill Gross: Staying Rich in the New Normal
2. Mohamed El-Erian: The bumpy journey to a ‘new normal’
3. Spain Plans to Raise Taxes, Cut Expenses to Rein in Deficit
4. Peter Bernstein Remembered
5. A Vision of the “New Normal Consumer”

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