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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (7934)	1/6/2003 9:59:27 PM
From: JBTFD	Read Replies (1) \| Respond to of 306849

I'm glad you asked me that. I probably wouldn't have looked into it if you hadn't. Here's the figures I found: From economagic 1982 GDP $13,036 Billion 2002 GDP $41,702 Billion(assuming Q4 will equal Q3) 2002 GDP is 3.198 times 1982 GDP PS Even if you add a couple hundred billion to 4Q02 GDP the ratio of debt/GDP still remains above 15%. 1982 Debt $1,197 Billion 2002 Debt $6,383 Billion 2002 debt is 5.33 times 1982 debt debt/GDP ratio went from 9.18% at end of 1982 to 15.3% at end of 2002. Feel free to correct my numbers if I am wrong.