They further suggest that the negative growth rate effect of high debt may start from levels of around 70-80% of GDP.
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She calculates that the current share price embeds a 10-year average growth rate of negative 6.9%.
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In the arcane world of GDP calculations, less of a negative made the overall growth rate higher than it otherwise would have been.
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It will also depress household wealth and impact the growth rate of the US economy in a negative fashion.
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This would be the second of the last three quarters that the EPS growth rate has been negative.
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Revenues grew by 20% despite higher growth in subscribers due to negative exchange rate effects. 2012 was a stellar year for DirecTV in terms of Latin American expansion, and the company believes that its good run will continue in 2013 as well.
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