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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (22305)	1/20/2005 11:23:29 AM
From: sea_urchin	Read Replies (2) \| Respond to of 80934

Phil > I have read that the average American family is indebted about $500,000 Doesn't make sense. I understand the US government debt is something over $7 trillion. It there are three people in a family, that would make 100 million families and the debt then works out at about $70,000 per family. $500,000 would put US government debt at around $50 trillion. > Fed choir sings praises of action balancing rates, inflation risks As you say, the economy couldn't be better. Debt is forgotten. No-one even mentions it. Soon they'll pass legislation which makes anyone who talks about the US debt to be subject to indefinite inprisonment without trial. Apropos the Japanese economy, I have to say I don't have much knowledge on the subject but I would think, with the Yen strengthening against the USD, it can't be all that bad.