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To: MythMan who wrote (10277)	12/5/1997 1:24:00 PM
From: Mike M2	Read Replies (3) of 18056

MR M. ho ho ho you want some stats. Dr. Richebacher in his Oct letter says "...consumption in the 90's hit its highest share ever of GDP (68.6 %) ; at the same ,from 1992 to the first half of 1997, the U.S. personal savings rate has plunged from 6.2% of disposable income to 3.6 %, and from 4.5 % of GDP to 2.8%. I would also offer as evidence the record # of personal bankruptcies, delinquencies on credit cards and record consumer installment debt as a % of disposable income(sorry don't have the # handy) Richebacher Letter ,1050 Southeast 5 th ave,suite 100,Delray Beach,FL Mike

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