[lbo-talk] Alex Pareene: A proposed demand for Occupy Wall Street

[Michael Pollak]

On Oct 5, 2011, at 11:25 AM, Doug Henwood wrote:


> Household debt is almost $14 trillion, or about 100% of GDP. Of that, 
> almost $10 trillion is mortgage and another $2.4 trillion is consumer 
> (credit cards, auto loans, etc.). That might be a stretch for the USG to 
> handle.

Oy, you have a point.  I was thinking housing debt, not household debt. 
Total brain fart on my part.

Michael