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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Victor Lazlo who wrote (27372)	2/4/2003 12:34:35 AM
From: LLCF	Respond to of 36161

<While i'm not sure what cycle you're referring to, i agree the debt ratios can be viewed a few different ways. > Well, by any measure we've has "quite a boom" for the past 10 years [well, up till the 'bust']... you would think that perhaps companies, governments, and individuals might actually have lower debt burdens as well as other debt measures. The opposite is true in any category one might find meaningful other than income/debtservice. Again, I'd like to see a breakdown, something no one seems to be able to produce... ie. average numbers might be quite skewed by the top 5% who's incomes have rocketed. One must also remember that with rates at "much lower" levels the income/debt service numbers being unchanged shows "much higher" levels of debt. DAK