SI
SI
discoversearch

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.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (35054)6/15/2003 10:14:39 PM
From: Seeker of Truth  Read Replies (3) | Respond to of 74559
 
Hello Jay,
Echoing your grim forecasts are the following figures which I just saw in an article lifted from the Christian Science Monitor. In the post-war epoch, until recently, the % of U.S. disposable income which was saved occasionally reached 10% but it was mostly around 7-8 %. Recently it has been sinking.For 2002 it was 3.7%. Ouch!! Can anything but disaster lie ahead? Especially with the wise leadership of President Bush. Gold,oil,natural gas all look great!
Malcolm