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Strategies & Market Trends : Waiting for the big Kahuna

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To: KeepItSimple who wrote (46278)3/13/2000 6:01:00 PM
From: pater tenebrarum  Read Replies (1) of 94695
 
good point. remember though, that you can not stretch fresh credit forever...there's a limit to that. since credit creation actually must accelerate to keep a bubble and crack-up boom going, you soon get to the point where the interest payment burden gets to be too big...
since the printing presses have been doing overtime for so long, i suppose that the next panic won't be averted as easily as its predecessors...
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