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

To: Ramsey Su who wrote (46586)	12/4/2005 2:22:18 PM
From: Tommaso	Respond to of 110194

Could you walk me through this? If 25% of American consumers are above average in their debts, does that mean that 25% of consumers owe 50% of the outstanding debt, while the other 75% owe the other 50%. That means that the indebtedness of the most indebted 25% is three times that of the other 75%, doesn't it? So it is a minority of consumers who are accounting for most of the debt. I think the important figure might be something like the percentage of consumers who owe (in consumer debt) more than their entire annual income.