why are savings doing so well?

Every Saturday, two economists debate topics that mark economic and social news.

Savers withdrew five billion euros more than they deposited in their Livrets A and Livrets de développement durable et solidaire (LDDS) in October. But the French, those who can, have not stopped saving: their savings rate rose to 19% of their disposable income in the second quarter of 2025. This is a record since the 1970s, excluding the Covid period.

Can the government use it to straighten out public accounts and reduce the debt? To finance what?

To discuss it, Emmanuel Cugny and Hadrien Bect receive Nathalie Chusseauprofessor at the University of Lille, associate researcher at the Demographic Transitions and Economic Transitions chair at the Risk Foundation; And Christian de Boissieuvice-president of the Circle of Economists, professor emeritus at the University of Paris 1 Panthéon-Sorbonne.