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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (55527)1/8/2001 5:10:46 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
yep...in all probability some of this growth in consumer debt can be attributed to Ponzi financing of old debt. or the consumer is really not worried yet, though that would be in contradiction of recent consumer sentiment surveys and retail sales data. so most probably ole Ponzi had a hand in it.
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