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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Haim R. Branisteanu who wrote (66074)10/3/1999 9:28:00 PM
From: pater tenebrarum   of 86076
 
Haim, it's a strange economic cycle generally, as even in the U.S., almost a decade into the upswing, corporate defaults and private bankruptcies are on the rise...i believe it has all to do with too much low-grade credit in the system, globally. today's prosperity is built on nothing but debt and asset price inflation...it's way overdue for an adjustment.

regards and good night,

hb
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