Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Cary Salsberg who wrote (10457)	7/18/2002 10:02:27 AM
From: Robert Douglas	Read Replies (1) \| Respond to of 10921

You are comparing a very high interest rate environment (1980) to a very low one (2002). Household debt numbers should be added to the "service" numbers. Well that's exactly the point. When interest rates are low, you take out more debt. It's the debt service in relation to income that we are talking. I'm tired of tracking down other people's links. If you can find one on debt v. assets or debt v. income, then provide the link. Jim's contention was that we are going to collapse due to the massive debt servicing. I was just providing the facts to dispute his absurd conclusions.