| Subject: | [socialcredit] Household credit | | Date: | Saturday, October 2, 2004 17:26:06 (+0200) | | From: | Jessop Sutton <sutton @...........za>
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Can someone explain this to me?
In Time Magazine, October 4th, 2004, they list the following statistics:
2003 household mortgage percentage of GDP:
Netherlands -- 99.9%
U.K. --- 63.8%
U.S. --- 63.7%
Germany --- 54.3%
France -- 24.8%
Italy --- 13.3%
Source: IMF. Figures are approximate.
How is it possible that the figure in the Netherlands is only 0.1% short of
total GDP? Is the whole nation bonded to the banking industry?
Jessop.
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Household credit
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