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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Ramsey Su who wrote (47388)12/15/2005 9:17:53 AM
From: russwinter  Read Replies (1) of 110194
 
Here's how "personal income" is defined:
investorwords.com

We already know wages are barely growing, and are way behind inflation
idorfman.com
but what about interest and dividends? Obviously for savers and actual investors, interest income is increasing, but most of that benefit goes to foreigners.
idorfman.com
So is this analyst claiming that the worst debtors, will be able to offset their new liabilities, by drawing on increasing interest income? On what, their bloated savings accounts?
idorfman.com
That would be a stretch. The nonsense that passes for analysis these days is mindboggling, and just gets worse and worse.
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