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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (320064)1/11/2007 2:36:53 PM
From: TimF  Read Replies (1) | Respond to of 1585952
 
The above says very little. What do you mean?

Public, private, and corporate debt does not far exceed any previously known dimensions if you are measuring it as a percentage of the economy. If you measure it in nominal dollars then yes it does greatly exceed any previously recorded levels, but that isn't a very meaningful measure.

Re: "Germans are much more fiscally conservative than Americans."

What does that have to do with - "but "They're going into the 21st century like a poverty-stricken, Third World family, living from hand to mouth without any financial reserves whatsoever." isn't correct."

You might as well have just answered "purple". That answer would be about as relevant.