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Old 01-08-2019, 03:09 PM   #4446 (permalink)
redpoint5
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Acura TSX - '06 Acura TSX
90 day: 24.19 mpg (US)

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90 day: 47.32 mpg (US)

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90 day: 21.82 mpg (US)

Chevy ZR-2 - '03 Chevrolet S10 ZR2
90 day: 17.14 mpg (US)

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Quote:
Originally Posted by sendler View Post
Debt vs GDP. Keep in mind personal debt was arbitrarily reduced after 2009 as people walked away from their responsibilities in default.
So the first graph is a combination of both public and private debt, and it includes mortgage debt? Seems about right. Public debt in the US is just above GDP (we collectively owe just over a whole year of productivity), and then personal debt is huge too.

Japan must be banking on being future rich to cover their liabilities. I saw a lot of medical students living "future rich" lives while in school. Burning through $100k per year in borrowed money didn't prevent vacation travel abroad.
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