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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (59269)	5/13/1999 5:32:00 PM
From: Mike M2	Respond to of 132070

Nadine, home.att.net this site has some interesting charts and figures. With respect to debt figures I will post some links as I come across them but i do recall reading that consumer installment debt ( which is non mortgage debt) as a percentage of disposible income is at record levels and auto leases are NOT included. Yes the figures are confusing and I have been surprised by some of the methods of computing. Mike another link ntrs.com

To: Nadine Carroll who wrote (59269)	5/13/1999 8:18:00 PM
From: Knighty Tin	Respond to of 132070

Nadine, However, I think the fact is, the stuff we pick out is really small in the size of the numbers. Investing in stocks may be saving to you, but it is definitely not saving to the economy. So, for macro purposes, it doesn't matter that we don't count stock investing as saving. However, for individual purposes, if done right and the investor is extremely lucky, investing in stocks can be savings. But, I agree, they make the numbers as incomprehensible as possible. And, when you get a handle on one, they change it. <g>