[onlyrealcuzzo]

I've always wondered about that oft cited savings rate. How is it even calculated? I worked at a startup trying to generate credit scores for a significant portion of Chinese citizens. Unless our company was completely incompetent, it was pretty ingrained in us that the majority of people in China either don't have access to banking or choose not to bank. Also, it seemed like the vast majority of Chinese citizens lived paycheque to paycheque. So how does one calculate this savings rate figure? Is it just the difference between earnings and expenditures of the entire country?