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To: JRI who wrote (91412)4/7/2001 6:13:50 PM
From: Mike M2  Read Replies (1) | Respond to of 436258
 
JRI, I have heard figures before but cannot comment. I would say that the decline in home equity in spite of rising home prices also suggests that many consumers want to finance their consumption with a home equity loan while they let their stocks app(dep)reciate. Mike



To: JRI who wrote (91412)4/8/2001 5:59:51 PM
From: Mike M2  Read Replies (1) | Respond to of 436258
 
JRI, mises.org Paul Volcker on the low US savings rate. Mike


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