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.

Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (7516)	9/27/2002 11:01:01 AM
From: Jim Willie CB	Respond to of 89467

Madigan expresses no concern over suffocating household debt this is an irresponsible tone in the Business Week report aggregate debt service makes up 76% of the entire GDP aggregate debt service makes up 76% of the entire GDP debt levels remain the largest unreported undiscussed threat to our economy economist analysis continues to largely ignore it the trouble with ignoring it is that a debt limit slowly is approached and reached, whereby credit either is cut off or credit is not actively taken we are there in statistical analysis and model building, we use an S-curve which grows steadily but tapers and flattens out that is appropriate for aggregate analyses now because as debt levels rise, new debt taken on will eventually decrease aggregate analyses are wholly inadequate unless they factor in debt levels as well as several central factors in a May issue Madigan declared the only double dip you will find will be on your ice cream cone very clever journalism but it turned out to be clapptrapp as the economy showed increasing evidence of stall by the way, double dip recession is the rule, not the exception the only recent exception was in 1992 with no double dip as Richard Russell says, the best leading economic indicator is the S&P, which is forecasting a recession early next year how much down is the S&P this year? 25% end of story questionable journalism continues that is the constant get ready for the resumption of the USdollar decline / jim