Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Siddhartha Gautama who wrote (8264)	11/26/2001 11:20:01 PM
From: LTK007	of 99280

< i wonder how the ratio of average debt to per capita income compares between the present time and circa 1929.>Excellent question for which i lack a precise answer;however,i have read commentaries that have taken the position that the 10% margin leveraging of 1929 has more than been compensated for with abundant new means to go into debt such that,in some students of this matter, i have read that today's public is more at danger than in 1929. My cry against our present policies is that we are setting up the average citizen to be damaged badly while the rich just get richer. i do know as fact,that during the Great 1990s BOOM the poor got poorer,the middle class got slightly poorer and the rich got MUCH RICHER. I have the report on this matter posted somewhere on S.I.,probably on the Trader J thread.Max

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