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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Larry Brubaker who wrote (82766)6/21/2002 10:50:53 AM
From: Earlie  Read Replies (1) of 99280
 
Larry:

Note:

That is a govt stat. I could provide you with a list of similar stats (starting with U.S. GDP) that are riddled with baloney.

That stat is a combo of consumer borrowing. Consumers borrow in several ways. Consumer borrowing sources include

- credit cards (currently falling)
- bank loans (currently falling)
- margin debt (currently falling)
- leased goods (just starting to fall)
- direct producer/consumer loans (currently falling)
- refinancing home (up big)

Best, Earlie
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