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Politics : Ask Michael Burke

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To: DJessen33 who wrote (63370)6/28/1999 6:45:00 PM
From: Sid Turtlman  Read Replies (1) of 132070
 
DJessen33: Here is a link that somewhat relates to your questions about debt levels and savings rates: ntrs.com You will probably have to click on the June 23 commentary.

It is some charts and discussion from Northern Trust's economist Paul Kasriel, pointing out that people's equity in their homes has recently been going up at an uncharacteristically slow rate relative to the value of their homes. The differential, of course, is due to sharply rising debt.
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