Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: NOW who wrote (19017)	12/20/2004 8:35:23 AM
From: yard_man	Read Replies (1) of 116555

te, what is interesting there in that chart of the debt bubble: -- during that timeframe -- apparently it's never been less than 100% of GDP -- why is that some sort of magic percentage? -- wish we had the graph going back for a longer period of time. Also, the graph seems to imply some significance to a given multiple ... if we can go to 3x GDP, why not 5x or 6x?? And since the chart is relative to GDP -- it would be nice to have two other items on the same chart -- GDP -- and government indebtedness as a fraction of the overall indebtedness. I have a feeling that government debt comprises a larger part of that.

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