Thursday 2 September 2010

household debt ratio is now 140

household debt ratio is now 140,family income,past history on the half price is half of the extra high induced.The more you use more leverage to the deleveraging,this will lead to long-term economic downturn.American history,the average household savings rate is 8%,which becomes a negative bubble,why save? house up so much every year Do you think more and more money,not save money ah.Now,quickly returned to 5%,to more than 10%,by the slowly pay back the money.U.S.household debt has just dropped,just drop the first quarter of this year christian louboutin a little bit,this process is better than a few years.So the U.S.economy is 5 years which will never come back,and takes a lot of adjustments.Moreover,not only the liability issue,there are costs.20 years,the most important the medical costs,from 8% of GDP to 16.5% of GDP,this adjustment takes a long time,medical costs should be transferred back.health care costs and population age index,proportional to the square,in the process of population aging,health care costs rise.addition,the United States than in other countries,after all,increased so much that he related system,other Americans have weight gain in recent years.The U.S.1 / 3 are from the medical definition of obesity ,relatively early onset of cardiovascular disease,caused by rising health care costs.Why is a good christian louboutin shoes U.S.president,the White House vegetables is very important to encourage people to eat vegetables.the United States this issue is not only the issue of debt,there is a very important social phenomenon,This social phenomenon is not resolved,the U.S.economy is better is not easy.Why do you think the U.S.economy will soon come back,and China,the possibility of a virtuous circle is very small,this thing would not even think of first.Why do I say this? China rely on exports,domestic demand,said domestic demand,it is said to listen to foreigners,we mainly rely on exports,foreign economy is very important.You see in Europe and Japan,are an aging population,their socio-economic impact is very large,Over the past few years the problem is covered up by the world economic prosperity,now be exposed to the German population decline has been christian louboutin sale 10 years,and we are talking about Japan's population decline.Their unemployment rate is over 10% in the past,then swap to 7%,which is economic prosperity,and now back.Why is unemployment so high? because you pay most of the people employed are aged others,and work with what enthusiasm? does not work,like Germany,you unemployment benefits rather 7,8 percent in wages,you have to actively work? I do not understand why the Europeans have to work it? his economic system is not to encourage people to work,do not encourage people to make money,so the economy is not will be good.

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