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

To: loantech who wrote (69870)	9/16/2006 1:30:30 PM
From: Wyätt Gwyön	Read Replies (2) \| Respond to of 110194

They are not richer just deeper in debt. i was talking about general wealth. people are obviously much wealthier today in many ways--longevity, live births, nutrition, education level, plumbing, heating, nutrition, etc. at the most basic level, the amount of labor time required to procure a day's worth of food is a small fraction of the requirement 100 years ago. even the average bankrupt Joe Sixpack today lives a wealthier life than the aristocrats of bygone ages.