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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: KyrosL who wrote (108103)6/11/2001 6:52:22 PM
From: Mark Adams  Read Replies (2) of 436258
 
Ah- I did make a slight error on the comparisons of debt to income. I didn't get enough zeros in the multiplier for a billion. So the numbers in the last two charts are 100 times too high. Consumer Debt to Gross Income ranges between .15 and .17 over the past 30 years. Now the number seems too low- maybe mortgage debt isn't classed as consumer debt by the fed.
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