The global savings glut of the early 2000s was caused primarily by:

Question

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The global savings glut of the early 2000s was caused primarily by financial crises in the late 1990s and early 2000s that led to an increase in savings in some relatively poor countries. This was due to a loss of confidence in their economies and a desire to save for future uncertainties. This resulted in a surplus of savings that flowed into more developed countries, leading to low interest rates and the housing bubble.

The Global Savings Glut of the Early 2000s Was Caused