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: c.hinton who wrote (261093)4/9/2008 1:04:25 PM
From: TimF  Respond to of 281500
 
You say we have never been richer yet at the same time we have never been more in debt

I have a lot more debt than I did 20 years ago. I'm also a lot richer than I was 20 years ago.

The debt isn't wealth. I'd be even wealthier if the debt would just go away. But rising debt doesn't automatically mean declining wealth. After subtracting the debt we are still wealthier than in the past.