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

To: yard_man who wrote (13806)	5/13/2004 1:13:12 PM
From: AK2004	Read Replies (1) \| Respond to of 110194

re: How about incremental debt added to incremental savings added that makes no sense. Traditional definition of savings is not the same as value re: debt to GDP makes little sense because GDP is nonsense GDP actually makes sense as a production measure if you know how to read it correctly. Debt to GDP makes no sense because debt, by definition, is a value based measure while GDP is a production measure. Comparing value of debt to current levels of production is naive, at best.