tag:blogger.com,1999:blog-11027528911364475.post1432672181071739272..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Household Debt to Net Worth Ratio SpikingJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-11027528911364475.post-1027312485453325152009-09-01T08:58:03.048-07:002009-09-01T08:58:03.048-07:00Mark-
Very interesting stuff, but you already did...Mark-<br /><br />Very interesting stuff, but you already did all the hard work!<br /><br />I'll see what I can come up with...<br /><br />-JakeJakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-3481079928731623722009-08-31T13:04:29.535-07:002009-08-31T13:04:29.535-07:00Jake,
Some colleagues of mine and I were having an...Jake,<br />Some colleagues of mine and I were having an office debate about the state of consumer deleveraging. I pulled some data together and put together a little analysis at:<br />http://www.scribd.com/share/upload/15193559/2ef7s1o0b4f34aduc308 <br />and would love your insight.<br />The way I see it, is that the published personal savings rate data is useless; if savings rates had always been positive, as the government reports, then where did all the household debt come from. As far as I can tell, though personal savings have gone up, if you look at it on a realistic basis, by only considering usable/spendable/savable sources of income, the true savings rate remains solidly negative (and any decline in debt levels has either been attained by forgiveness, walking away, paying off from asset liquidations, or some combination thereof.<br />But I fear I'm missing something. In particular, if I ignore supplemental benefits from disposable personal income, might there be a component of PCE I should extract/pull out as well (that corresponds to health insurance benefit receipts, for example)?<br />Any thoughts you have would be fantastic.<br /><br />p.s. if I am on the right track with this, I'd love to get the info out there in the blogosphere, so feel free to use it or replicate it<br /><br />Cheers,<br /><br />Mark W<br />Guelph, OntarioMark Wnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-42442700059846891902009-08-26T21:51:20.112-07:002009-08-26T21:51:20.112-07:00Dear,
I want to make 1 guest post in your site, if...Dear,<br />I want to make 1 guest post in your site, if you permit me. The post contains 350 words above and it is totally unique as it is written by my content writers.<br /><br />Please contact me at ericasmith568(at)gmail.com soon. Moreover, I will place your link in one of my finance sites.<br /><br />regards,<br />Erica SmithAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-33686147732425212172009-08-17T12:42:48.731-07:002009-08-17T12:42:48.731-07:00agreed (as usual)agreed (as usual)Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-9911234939245812682009-08-17T12:28:56.232-07:002009-08-17T12:28:56.232-07:00Jake,
I've long felt that income distribution...Jake,<br /><br />I've long felt that income distribution was one our our biggest problems. <br /><br />The top 1/2 of 1% of wealth holders dramatically skew the numbers. Many in the 90th to 95th percentiles are on the edge due to housing and stock losses. Many in this group have very high fixed costs - mortgages, taxes, tuition, clubs, etc. <br /><br />In Northern NJ, I know of three very high end golf clubs that have drastically reduced the equity initiation fees. Two even allowed people to join for the season with no initiation just to get the yearly dues.<br /><br />What good is output if it keeps accruing to fewer and fewer?mabnoreply@blogger.com