Doug Henwood wrote:
> I just got around to plugging the June flow of funds numbers into my
> various spreadsheets, and discovered, to my amazement, that as of the first
> quarter of 1998, the U.S. net credit market debt position with the outside
> world was -$1.77 trillion dollars. Good thing it's a new era - might be
> worrisome otherwise.
>
> Doug
>
> ----
>
> US CREDIT MARKET POSITION WITH REST OF WORLD
> (billions of dollars)
>
> net assets liabilities
> 1952 10.0 15.0 5.0
> 1953 10.2 15.7 5.6
> 1954 10.2 16.4 6.2
> 1955 9.9 16.5 6.5
> 1956 9.8 17.1 7.3
> 1957 10.8 18.2 7.3
> 1958 13.0 20.0 7.0
> 1959 11.0 21.2 10.2
> 1960 10.2 22.4 12.3
> 1961 11.7 24.4 12.7
> 1962 12.8 26.9 14.0
> 1963 14.0 29.6 15.6
> 1964 17.0 33.1 16.1
> 1965 20.2 36.8 16.6
> 1966 22.3 38.7 16.5
> 1967 24.3 42.1 17.8
> 1968 27.0 45.1 18.1
> 1969 29.1 48.1 19.1
> 1970 25.7 50.8 25.1
> 1971 8.3 54.7 46.4
> 1972 -3.2 59.1 62.2
> 1973 -5.3 65.1 70.4
> 1974 6.9 75.7 68.9
> 1975 9.7 88.9 79.2
> 1976 18.4 106.8 88.4
> 1977 4.6 122.2 117.7
> 1978 -15.9 143.2 159.1
> 1979 5.0 166.1 161.2
> 1980 10.6 185.5 174.9
> 1981 4.1 211.0 206.9
> 1982 -34.7 200.9 235.5
> 1983 -52.6 221.0 273.6
> 1984 -83.8 236.5 320.4
> 1985 -159.9 234.9 394.8
> 1986 -263.7 239.9 503.6
> 1987 -340.8 239.8 580.6
> 1988 -423.1 249.3 672.4
> 1989 -510.0 256.4 766.4
> 1990 -590.8 275.3 866.1
> 1991 -615.6 294.4 910.1
> 1992 -686.3 306.9 993.1
> 1993 -726.5 357.9 1,084.3
> 1994 -861.0 362.4 1,223.4
> 1995 -1,033.7 412.4 1,446.1
> 1996 -1,314.3 480.0 1,794.3
> 1997 -1,631.4 539.2 2,170.6
> 1998 -1,768.7 571.3 2,340.0
-- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu