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turbo6bar turbo6bar is offline
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Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
Yes, the wealthy have low debt compared to their assets.

What I found more interesting was the top 1% hold assets 5 times as great as the entire bottom half of households. Wow. That's staggering.

It would not surprise me if the top 1% have assets equal to the bottom 90%. I'd like to see the numbers.

john70t, the personal savings rate is negative while corporations are sitting on record cash levels. Disappointing, but reality in a capitalist society.

I am not suggesting reallocation of wealth. I'm just saying.
Old 02-04-2007, 07:27 AM
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