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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: valueminded who wrote (97262)5/5/2009 3:38:39 PM
From: Dan3  Respond to of 116555
 
Re: I was surprised that total debt obligations including mortage, insurance, car payments etc was only 20% of diposable income

You have to view that in the context of Mish's additional notes and explanations. Those figures are aggregate, so, for households other than those in the top quintile (who collect about half of all income) the percentage is close to double that.