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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (1908)2/16/2001 11:20:24 AM
From: Baldur Fjvlnisson  Read Replies (3) of 74559
 
Chen, when the U.S. financial house of cards collapses we will all be hurt to some degree.
They say recessions are the economy's way to rid itself of excesses. Western credit consumerism is bankrupt long ago. Banks will not be able to prop it up much longer.
Now, for the bursting of the Credit Bubble.
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