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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Maurice Winn who wrote (56486)11/26/2004 12:36:41 AM
From: S. maltophilia  Read Replies (1) of 74559
 
<<debt today is less than half of what it was in 1950 >>
In 1950 a great part of the debt was in the form of War Bonds, domestically owned.
<<Donald Trump probably has a bigger debt than I do — and less reason to worry about it. Debt means nothing unless you compare it to your income or wealth.>>
It's also not worth worrying about if you plan to stiff your creditors.
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