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

To: marginmike who wrote (35056)	6/16/2003 4:37:05 AM
From: Seeker of Truth	Read Replies (1) \| Respond to of 74559

Christian Science monitor shows a graph clearly indicating that the present savings rate is a big descent from the World War II high of 25%,(there were no big ticket items to buy) and the 1980-1982 high of 10+ %. The 1990's were around 7-8 %. You say that 4% has been the norm for the last 15 years. In other words, according to your data, the situation is not getting worse lately. I didn't write the Christian Science Monitor story nor did I draw their graph for them.??? Thanks for your input. For the sake of my friends still invested in the U.S. I hope you are right. But I doubt it.