tag:blogger.com,1999:blog-7294165939647321702.post805125050864952460..comments2024-03-28T13:45:43.362-04:00Comments on <center><a href="http://www.barelkarsan.com">Barel Karsan - Value Investing</a></center>: Debt Adjusted For IncomeSaj Karsanhttp://www.blogger.com/profile/04493152766022812984noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7294165939647321702.post-13407906366727655612011-10-01T20:31:50.140-04:002011-10-01T20:31:50.140-04:00As far as the consumer goes, it seems to me that t...As far as the consumer goes, it seems to me that they're "down for the count" until wage growth resumes keeping up with the gains in productivity alluded to.<br /><br />Old Trader (from Seeking Alpha)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-83901933902445645392011-09-29T22:06:42.425-04:002011-09-29T22:06:42.425-04:00Thanks, Paul and balans.
Balans, that curve does ...Thanks, Paul and balans.<br /><br />Balans, that curve does show household debt very well, but it is a bit old. Here's a <a href="http://www.comstockfunds.com/files/NLPP00000/518.pdf" rel="nofollow">newer one</a>. Household debt as a percent of GDP is now down to 2006 levels, though it may continue falling further, who knows.Saj Karsanhttps://www.blogger.com/profile/04493152766022812984noreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-16453897967710483232011-09-29T15:29:20.936-04:002011-09-29T15:29:20.936-04:00Great, great post, Saj. Made me think a bit! :)Great, great post, Saj. Made me think a bit! :)Paulnoreply@blogger.comtag:blogger.com,1999:blog-7294165939647321702.post-60145290749591106252011-09-29T09:44:09.810-04:002011-09-29T09:44:09.810-04:00I always value your comments. I worry a lot about ...I always value your comments. I worry a lot about this curve which seems hard to explain away. <br />http://www.npr.org/blogs/money/2009/02/household_debt_vs_gdp.html<br />It really seems that 2007 and 1929 are special. But perhaps I have fallen into a some kind of thought trap. If so, help me out of it!balanshttps://www.blogger.com/profile/13042915863158819442noreply@blogger.com