Comments on: Consumer Debt Likely to Become a Negative for Economy http://www.nakedcapitalism.com/2007/09/consumer-debt-likely-to-become-negative.html Mon, 23 Nov 2009 06:07:28 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Yves Smith http://www.nakedcapitalism.com/2007/09/consumer-debt-likely-to-become-negative.html#comment-906 Yves Smith Fri, 21 Sep 2007 00:30:00 +0000 http://www.nakedcapitalism.com/2007/09/consumer-debt-likely-to-become-a-negative-for-economy/#comment-906 BT.<br/><br/>I probably didn't frame this post properly. What I found somewhat novel about this research is that it claimss a 25 year link between the growth in consumer debt and overall GDP expansion. I don't know of many studies that assert that consumer debt has played such a long-standing role in growth. BT.

I probably didn’t frame this post properly. What I found somewhat novel about this research is that it claimss a 25 year link between the growth in consumer debt and overall GDP expansion. I don’t know of many studies that assert that consumer debt has played such a long-standing role in growth.

]]> By: Anonymous http://www.nakedcapitalism.com/2007/09/consumer-debt-likely-to-become-negative.html#comment-898 Anonymous Thu, 20 Sep 2007 04:04:00 +0000 http://www.nakedcapitalism.com/2007/09/consumer-debt-likely-to-become-a-negative-for-economy/#comment-898 i second mbartv,<br/><br/>also there are thousands of academic research on how consumer behavior (confidence) affects the overall economy, both qualitative and quantitative. Their work contributes nothing new to the finance field. I love your blog however putting this cr*p as if it's stg new and as if they catched a different angle is just ridiculous. <br/><br/>Your dedicated reader<br/>BT i second mbartv,

also there are thousands of academic research on how consumer behavior (confidence) affects the overall economy, both qualitative and quantitative. Their work contributes nothing new to the finance field. I love your blog however putting this cr*p as if it’s stg new and as if they catched a different angle is just ridiculous.

Your dedicated reader
BT

]]> By: mbartv http://www.nakedcapitalism.com/2007/09/consumer-debt-likely-to-become-negative.html#comment-893 mbartv Wed, 19 Sep 2007 15:32:00 +0000 http://www.nakedcapitalism.com/2007/09/consumer-debt-likely-to-become-a-negative-for-economy/#comment-893 The re-iteration that construction constitutes 5% of the economy (from GDP statistics) understates the much greater employment and multiplier effects when you consider the real estate industry as a whole (including re-sales, mortgages, furniture, legal etc.) In Florida and California particularly real estate is the dominant industry, and its extremely significant in other markets as well. The re-iteration that construction constitutes 5% of the economy (from GDP statistics) understates the much greater employment and multiplier effects when you consider the real estate industry as a whole (including re-sales, mortgages, furniture, legal etc.) In Florida and California particularly real estate is the dominant industry, and its extremely significant in other markets as well.

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