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Strategies & Market Trends : Natural Resource Stocks

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To: Roebear who wrote (7533)2/10/2004 11:11:38 PM
From: Jim Willie CB  Read Replies (1) of 108876
 
total consumer debt data (revolving + non-revolving)

1Q2000 = $1546 billion
3Q2003 = $1962 billion

increase = 26.9%

the economy grew practically nada during that time
debt paydown, not a chance

source: Economagic (independent, not USGovt)
/ jim
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