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Pastimes : ClownBuck Deathwatch

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To: NOW who wrote (5)8/20/2000 10:52:23 PM
From: patron_anejo_por_favor   of 329
 
<<Yes, but it worked before for AG. Why not Play it again Sam?>>

Well, I'm certain that BubbleBoy will trot out the old liquidity playbook once again, crank up the printing presses once again and give it another try. The question mark is the consumer. They are increasingly saddled with debt. How much more will they take on before they decide that the 110% Home equity loan/Credit card cash advances/stock margin debt burden is just a little bit risky? Will it be triggered by sky high energy prices? Another scare/crash in the equities market? Some unforseen overseas crisis (the middle East seems about due...)? At some point the flow of funds will reverse, and at that point liquidity traps will be everywhere...
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