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Strategies & Market Trends : Sharck Soup

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To: DlphcOracl who wrote (23915)5/19/2001 5:38:34 PM
From: DebtBomb   of 37746
 
Well Dlphc, if Hays is right, we're going into recession. I don't even subscribe to this guy, yet, but I agree with what he's saying.
'If time permits, in later paragraphs I’ll get back to the multiple reasons why I still
believe an economic recession is in the cards for the U.S. economy, and even
worse in Japan. There is a possibility that the worst of this news could be
temporarily postponed until next year, with the huge excess money supply that is
floating around out there, but unless a war is started (God forbid,) it looks to me
as if the economies of the world still have a huge amount of digestion of all that
fat that was stuffed down their throats for the last three years. That means the
consumer has to experience a major retrenching.'
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