Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (7958)	8/29/2001 10:14:39 PM
From: energyplay	of 74559

Citibank scheme -- This sort of Fruitcake idea is what shows up when people are really desparate (including Citibank in that comment) Hynix (former Hyundai Semi) report to have real problems since banks won't loan more money. This may be the start of liquidation of overbuilt semi sector. We had negative nominal rates in the U.S. on Treasury bills in early 1930's for a few weeks or months. Looks like we are still in deflation.

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