Not long ago, it would have seemed unimaginable for BMW to offer a turbo 4 in its midrange 5 Series.And what aristocrat could have anticipated the introduction of a 4-cylinder Range Rover with a thrifty rating of 28 miles per gallon on the highway?
The gasoline version, with a 2.5-liter direct-injection 4-cylinder, has a thrifty economy rating of 26 m.p.g. in town and 38 on the highway, with its redesigned 6-speed automatic transmission.
China as a whole is thrifty: its saving rate is even higher than its investment rate.
In such a thrifty economy, interest rates should be low, credit should be readily available and investment should be high.Yet in 2009 and 2010 things went too far.
The yield on ten-year government bonds has dropped to 2.5%, closer to the comparable rate in thrifty Germany than most euro-zone countries, including France.In this section Open the taps, loosen the vice Power in the land The avenger What the frack?
Consumer spending in Britain (and in America) rose at about the same rate as in thriftier Germany during the second quarter.Britain stands out in another respect, too: its unemployment rate has risen by far less than in other places that had also racked up big mortgage debts.
With a 28% savings rate, its citizens are thrifty and have money to spend.
This experiment was the first to show in humans that intermittent fasting increases insulin-mediated glucose uptake rates, compatible with the thrifty gene concept (12).
For decades, the bank deposits of Thailand's thrifty citizens had helped to maintain an investment rate of around 30% of GDP, which fuelled blazing growth.
For instance, in a mid-September search for a compact car rental for two days in Boston, the best rate listed was $19.31 a day from Thrifty.
