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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (15864)9/5/2000 11:14:26 AM
From: Sunny Jim  Read Replies (1) of 436258
 
heinz

Have you ever seen a chart of personal and corporate debt versus recessions over the past 30 or 40 years? It used to be that you could look at inventory levels over time and they would always hit peaks just prior to recessions. It's possible that with JIT, inventory levels may not be as big a contributor, but I would bet that debt levels have taken the hot seat. Any comments would be appreciated.

thanks, SP
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