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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: benwood who wrote (219030)2/5/2003 4:31:15 PM
From: Earlie  Read Replies (1) of 436258
 
Ben:

Good comments and right on the money.

The good news for the type of folk who hang out on this thread is that they know what is coming and are starting to prepare for it. The bad news is that a large cross section of the public has no clue as to how ugly this thing is going to be and are digging themselves ever deeper into the debt trap.

From my perspective, it is no longer a question as to whether or not we are heading into a depression, it is just a matter or how long the Fed can hold it off or keep its stealth arrival from becoming apparent to all. This is round two of a fifteen rounder and already the canvas has lots of investor blood on it.

Best, Earlie
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