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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (3622)12/19/2003 2:21:24 AM
From: Haim R. Branisteanu  Respond to of 110194
 
mish, some one wrote my by PM of the staggering US Gov. debt.

I decided to evaluate the Gov. debt adjusted for inflation and population growth. The results are quite interesting and are contradictory to popular myths if compared to "Old Europe" were gov. debt per capita is growing.

THe basic numbers are from this site which list the treasury debt.

search.netscape.com

Not that it is small change but in 2003 to date the national debt grew by around 2.6%.

With a population growth of over 1.3% (including legal immigrants the actual debt per capita grew by apx. 1.3% (which includes interest)

This debt, inflation adjusted, remained the same (or a bit less) per capita in the US, contrary to Old Europe were the gov. debt is growing (Germany, France and Italy).

A venue worth exploring.

US

Population growth rate: 0.92% (2003 est.)
Birth rate: 14.14 births/1,000 population (2003 est.)
Death rate:8.44 deaths/1,000 population (2003 est.)
Net migration rate:3.52 migrant(s)/1,000 population (2003 est.)

Germany

Population growth rate:0.04% (2003 est.)
Birth rate:8.6 births/1,000 population (2003 est.)
Death rate:10.34 deaths/1,000 population (2003 est.)
Net migration rate:2.18 migrant(s)/1,000 population (2003 est.)

Italy

Population growth rate:0.11% (2003 est.)
Birth rate:9.18 births/1,000 population (2003 est.)
Death rate:10.12 deaths/1,000 population (2003 est.)
Net migration rate:2.07 migrant(s)/1,000 population (2003 est.)

France

Population growth rate:0.42% (2003 est.)
Birth rate:12.54 births/1,000 population (2003 est.)
Death rate:9.05 deaths/1,000 population (2003 est.)
Net migration rate:0.66 migrant(s)/1,000 population (2003 est.)