The phrase "a glut of saving" is correct and usable in written English.
It can be used to describe a situation where there is an excessive amount of savings, often in an economic context.
Example: "The economy is facing challenges due to a glut of saving, as consumers are hesitant to spend."
Alternatives: "an oversupply of savings" or "an excess of savings".
It may also reflect a glut of saving abroad.Which explanation proves right will be of more than academic interest.
But it's also easy to imagine the emerging economies acting exactly as Mr Rajan foresees: a glut of saving in return for a lack of help.
In 2005 Ben Bernanke, now chairman of the Federal Reserve, pointed out that global interest rates were oddly low, suggesting a glut of saving abroad, not a shortfall of saving at home, was responsible for the flow of capital to America.More recent papers have picked up similar threads, arguing that imbalances might prove to be both more persistent and less perverse than once thought.
If there is a glut of saving, it is likely to be found in emerging economies and oil-exporting countries.The investment puzzleIf it is hard to find out why people save, it is even harder to discover why they invest.
In the lead-up, I was inundated with edible donations of remarkable quality: organic vegetables (end-of-life produce donated by a national box scheme), kilos of gherkins (made from a glut of cucumbers saved at an allotment), and fish by-catch (fish caught outside of a fisherman's quota, which they are usually forced, by law, to throw back into the sea to die).
The result: A glut of gas will keep prices low.
AT FIRST sight, the idea of a "saving glut"—an excess of saving over investment seems odd.
If you've ever dreamed of directing your own slasher movie, sending a glut of "teenagers" their grisly deaths while maybe saving just a couple, this is absolutely the game for you.
Supporters of Proposition M point out that it saved San Francisco from a glut of office space and a spike in vacancy rates that cities like New York, Los Angeles and Denver saw after the boom ended late 1980s.
"fracking" -- which caused a glut of natural gas to enter the market, prompting power generators to switch to burning gas instead of coal to save costs and reduce emissions.
Union leaders are due to meet on Monday to plan their next moves in the battle to save the steel industry, which has been damaged by falling prices, high energy costs and a glut of cheap Chinese steel.
