SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: AC Flyer who wrote (17030)3/19/2002 8:29:41 PM
From: Box-By-The-Riviera™  Respond to of 74559
 
gonna have to think of you as little richard

maybe the hoover will help.. got u the power vac btw, thinking you might need it.



To: AC Flyer who wrote (17030)3/19/2002 8:56:16 PM
From: JBTFD  Read Replies (1) | Respond to of 74559
 
Well, even at $3.4 trillion, which doesnt include the IOU's to the social security trust fund or any private debt, it adds up to over $10,000 per person, rich, poor, young or old, if you take the population as 281 million.

Not a great situation, when it happens that, because of budget wranglings, the ability of the government to pay the debt service only comes into question, thus prompting O'Neil's remarks yesterday:

story.news.yahoo.com



To: AC Flyer who wrote (17030)3/19/2002 10:36:17 PM
From: Ilaine  Read Replies (2) | Respond to of 74559
 
Here, you might like this chart for M3 growth. Remember how all the doomsters are busting gaskets over M3? They won't like this chart.

clev.frb.org



To: AC Flyer who wrote (17030)3/20/2002 4:03:44 AM
From: Maurice Winn  Respond to of 74559
 
$3.4 trillion for 300 million in the USA = $11,000 per capita. With interest at 2%, that's only $220 per year per capita.

Yawn!

This is [minor] intergenerational unfairness. The debt level should be increased to $30 trillion so that the future USA citizens aren't bludging off the current citizens. More debt is needed.

I think I got my zeroes in the right place.

Mqurice