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Not only does Argentina have high debts, but it also saved less of its profits during the recent commodities boom.
It also saved about $20 million in its 2011-12 bydget by reducing the district's share of employees' health benefit premiums by about 25 percent.
It also saved almost $500,000 by channeling its telephone business to a single long-distance company.
Verizon has not only saved more than $8 million in paper and administrative costs by getting more than 3 million customers to sign up for paperless billing, it also saved another $2.7 million by moving its payroll, training, and HR systems online.
Furthermore, it does need to be acknowledged that while Soviet victory in World War II imposed a dreadful Communist system on Poland, it also saved Poland from what would have been its infinitely more ghastly fate under Nazi rule — which we know from Hitler's plans for the systematic destruction of the Poles as a national community.
But, he says, it also saved passengers time.
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But although China invests more of its GDP than those crisis-struck economies ever did, it also saves far more.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com