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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (82729)8/8/2000 12:00:43 AM
From: Bilow  Read Replies (1) | Respond to of 132070
 
Hi heinz blasnik; Re margin debt and the 20s... Back then, the little people put their money into what were (worse than) hedge funds instead of mutual funds. That is, the mutual funds could (and did) borrow money. That borrowing wouldn't show up in the '20s margin debt figures.

-- Carl



To: pater tenebrarum who wrote (82729)8/8/2000 1:21:08 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 132070
 
hb, sounds like we are talking $1.2k to $2k per capita margin debt assuming 250 m us people (children & adults) and that the margin debt figure is for the us only (couldn't tell from your post). $60 in 1929 equates to something close to current margin levels.

it is probably higher as i wouldn't think the $60 figure included children - recent per capita, inflation adjusted, margin may be the highest ever.