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Strategies & Market Trends : Growth stocks with Value

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Oct 31 9:30 AM EDT

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From: zx	9/4/2016 11:22:40 AM
	of 3145

the U.S. population was 122 million in 1929 while total public debt was $16.9 billion. Thus, the average debt per American in 1929 was $139. Compare that to a population of 320 million and $19.4 trillion in debt at an average $60,625 per American today. So, if we take $139 in 1929 and adjusted for inflation today, it would be worth $3,288. So, the net difference would be nearly 20 times higher.

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