SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: mistermj who wrote (174388)11/7/2005 6:32:10 AM
From: Noel de Leon  Read Replies (1) | Respond to of 281500
 
"Historically high consumer debt means what? Compared to what? In what context? How can anyone know what that means if its not defined?"

Pretty crude way of spinning the problem. You're the one that is manipulating the problem.

The consumer debt can not be paid without severe dislocations in the US economy.

Since you do not address the problem of national debt and current accounts deficit I take it that you consider these problems to be important.



To: mistermj who wrote (174388)11/7/2005 7:11:03 AM
From: Noel de Leon  Respond to of 281500
 
Here is a source.
money.cnn.com

Google US consumer debt to find more.