http://pragcap.com/what-about-the-debt-on-the-sidelines Sun, 12 Feb 2012 11:38:21 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://pragcap.com/what-about-the-debt-on-the-sidelines/comment-page-1#comment-6639 Jimmy Fri, 02 Oct 2009 20:34:54 +0000 http://pragcap.com/?p=10071#comment-6639 that could be similar to Japan for the past 20 years. they had high savings rate thus cash on hand but they also had been leveraged with debt from the property and stock bubbles. unfortunately for most Americans we had a low cash rate because we thought we thought we could use our ATM house and stock holdings which are now depleted. that could be similar to Japan for the past 20 years. they had high savings rate thus cash on hand but they also had been leveraged with debt from the property and stock bubbles. unfortunately for most Americans we had a low cash rate because we thought we thought we could use our ATM house and stock holdings which are now depleted.

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