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Non-Tech : Derivatives: Darth Vader's Revenge -- Ignore unavailable to you. Want to Upgrade?


To: Worswick who wrote (564)10/17/1998 10:18:00 PM
From: Frodo Baxter  Read Replies (2) | Respond to of 2794
 
>This is a sapling? What is a real tree?

I struggled to figure out where in Barron's you found your little overblown statistic...

1982 1998
Consumer debt as % of financial assets 21% 21%
Consumer debt as % of disposable personal income 65% 93%

Interesting you forgot to include the first percentage in your analysis. So some poor sop who takes home $100k would owe $93k on his house, car, and Visa. This unfortunate soul only has $443k in assets to collateralize his debt, poor thing.

For a more balanced view, read this:
bog.frb.fed.us

As for real trees, I've already given you aggregate debt levels as a ratio to GDP and liquid assets. FYI, that's not a tree, that's the whole forest. What more do you want, for me to draw you a picture??? Actually, I'm being disingenuous. Here's the picture from my site:
geocities.com

The future is bright. Why are you such a stuck-in-the-mud?