Replies

To: Mase

"The ratio of debt to assets is only 18.3%."

And the 18.3% includes what is owed on mortgages, home-equity loans, and HELOCs?

715 posted on 02/08/2006 8:41:24 PM PST by neutronsgalore (Why are free-traders so blind to the assistance they’re providing our enemies?)

To: neutronsgalore

And the 18.3% includes what is owed on mortgages, home-equity loans, and HELOCs?

Yes, as long as the HELOC has been drawn on.

I believe Moore is using the data from the Fed Funds Report.

716 posted on 02/08/2006 8:51:24 PM PST by Mase

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