Thursday, May 07, 2009

TOTAL CREDIT MARKET DEBT as % OF GDP back to 1920's


*always click to enlarge charts
Relevant to my long previous post this AM....here is debt as % of GDP going back to last Depression.....look where we are in this cycle! Can a trip back to THE NORM be halted from these EXTREMES?
http://money.cnn.com/2009/05/07/news/economy/warren_report/index.htm?postversion=2009050703 "CREDIT CRUNCH ALIVE AND WELL!" This does NOT jive with mamoth rally IMHO
D

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