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To: Skeeter Bug who wrote (121118)7/1/2002 9:29:52 AM
From: carranza2  Read Replies (1) | Respond to of 152472
 
I don't know whether the "negative" savings rate fueled Richebacher's thesis about the tech bubble. I believe he considers it a factor in the inability of corporations to fund capital formation, therefore resorting to debt.

By the way, as far as I can see the savings rate in the recent past has never been negative. While very small in the last couple of years, it appears that the trend is toward higher rates.

A lot of very informative economic statistics at the Bureau of Economic Analysis link set forth below. If you scroll down about a third fo the way through, you'll see a link to a spreadsheet with savings rates since 1929 as well as a monthly analysis for recent savings data.

bea.doc.gov