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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (59014)1/18/2001 10:09:57 AM
From: Earlie  Read Replies (1) of 436258
 
Heinz:

Excellent post.

Any investor who is not aware of just how big and ugly the debt picture is in N. America has his head in the sand and his backside exposed to the winds (or whatever). (g)

The deflationary spiral, which many pundits thought a year or two ago would never affect our western economies, has more than established a beach-head, as witnessed by the waves of nasty numbers and warnings emanating from Q4 reports. With respect to the stock market, a trip over the cliff or a grinding erosion are the only real questions IMHO.

Best, Earlie
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