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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (61488)1/27/2001 2:33:38 PM
From: Jimbo  Read Replies (2) of 436258
 
I am not sure I would characterize the US economy anywhere near the predicament that Japan did (and still does) find itself in with respect to a credit bubble - IMHO months ago the FED cautioned corporations to wise up and limit loans to credit unworthy companies .. and they took heed. I know companies like CSCO certainly was very conservative in their lending activity.
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