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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chispas who wrote (17735)	12/5/2004 10:33:16 PM
From: Pogeu Mahone	Read Replies (4) \| Respond to of 116555

i don`t care how she scamed them.. i found this interesting.. >>when American households saved a meager two-tenths of 1 percent of their disposable income. The rate implies that a family with take-home pay of $40,000 saves on average $1.50 a week. The average American household now spends 13 percent of its after-tax income to pay debts, the highest percentage since 1986. Much of it goes to pay home mortgages and car loans, but the average American household is also carrying more than $8,000 in credit card debt.<<