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Post# of 704041
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Zeev Hed

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Zeev Hed

Re: ajtj99 post# 81763

Saturday, 03/01/2003 1:51:33 PM

Saturday, March 01, 2003 1:51:33 PM

Post# of 704041
Yes, except that the fact that consumer debt is at a record level is really not that critical if consumer's disposable income is also at a record level. The figure of "merit" is debt service to disposable income and that is far from a record.

Zeev

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