Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: geode00 who wrote (12744)	3/4/2001 2:22:30 PM
From: Skeeter Bug	Read Replies (1) of 42834

>>However, if the economy crumbles while the credit problem exists, wouldn't that just make the downfall just that much worse?<< yup. >>The best thing for a credit problem is to keep the economy humming so that debt can be paid off.<< problem is, debt is the MAJOR reason the economy is humming. why do you think everyone wants lower rates? so they can take on more debt! why does alan.com keep jamming HUGE growth rates relative to inflation in the money supply? btw, bankruptcies are at an all time high in this "prosperous" economy. >>Otherwise, everything else goes the way of the telcos. At some point the spiral will get so much worse and it will really spiral out of anyone's control.<< that is precisely what i've been expecting for some time. >>Eveything, tax cuts, surpluses, debt reduction, etc. depends on a healthy economy.<< it will evaporate quite quickly, along with bob's qqq call... we will see naz in the triple digits and the dow cut in half, or more, if the insanity up is the same insanity down...

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