SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pater tenebrarum who wrote (11315)8/15/2000 9:09:55 PM
From: Haim R. Branisteanu  Read Replies (1) of 436258
 
Heinz, Dr. Kurt Richebacher misses one major point and that is DEBT SERVICE

regardless of the hopla in stock prices (see CIEN up $6 for a non economic event e.g. stock split) debt must be paid back and no mumbo jambo will help or you can "spliting" the note how many times you want,...... the same amount is owned.

The debt bubble is piling up as is the ponzi scheme in pension funds were many corporation are adjusting an ever growing reported income by robbing the pension funds.

Earnings are not a clock work in a normal world not always 21% ahead of last year beaten by a penny ........ as earnings are not interest payments and servicing the debt can not be fabricated you must pay.

This will prick the dollar and the US economy wen the rest of the world will realize they were taken to the cleaners.

Haim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext