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.
Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (6740)12/29/2008 9:36:39 PM
From: maxncompany  Read Replies (1) | Respond to of 23100
 
"Our debt to GDP is only 1/2 of Japans."

Yeah, but I believe that's federal govt. debt to GDP. Personal debt is way different. Japanese people have lots of savings. Americans have lots of debt. And since our economy is said to be 70% driven by consumption, it's not a pretty picture.