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Pastimes : Ask Mohan about the Market
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To: Mike M2 who wrote (10536)12/9/1997 10:42:00 PM
From: Mike M2  Read Replies (3) of 18056
 
William, I don't recall where I saw this but it was probably in a bear interview in Barron's . This is from memory but as I recall the total debt in the US -both public and private is 220% of GDP in 1929 that figure was 190% of GDP . Keep in mind that the unfunded future liabilities like social security make the present debt much higher. Mike
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