whee!

[Lisa & Ian Murray]

> 
> I think what the negative aggregate savings rate means is that upper 
> income households are coasting on their stock gains, and not saving 
> out of current income, and middle and lower income households are 
> borrowing more. Since the domestic economy isn't generating the 
> savings to fund these excesses, the difference is borrowed from 
> abroad. Again, this doesn't have the ring of a long-term strategy 
> about it, but again again, who's going to call an end to it and how 
> is the $64 billion question.
> 
> Doug
********

Isn't it the 450 billion$$$ question?

Ian