Erik Reuter wrote:
>
> US households and corporations have a great deal of debt now,
> more than they've had for a long time. According to data from
> a recent Economist article, the US household debt went above
> 100% of disposable income around 1998 and is now at is now
> at around 106%. (...)
>
<serious>
The first time I read about these numbers, I thought
that the USA was building up a self-destructive atomic
bomb. This system can�t last forever, and when those
debts can�t no longer be postponed by _other_ debts,
the whole economical system in the USA will implode.

Be careful, and watch Argentina. Or Japan, who went
bankrupt 10 years ago.
</serious>

Alberto Monteiro

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