Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Box-By-The-Riviera™ who wrote (2370)	3/13/2001 8:28:36 PM
From: NOW	Read Replies (1) of 74559

I agree that the home refinancing gambit is AG's strategy here: and may keep the sheeple spending as bit longer: say into 2002. But that game can only go on so long. And it pays not to forgt that though Japan may be different than the US as e here ad naseaum, its banks are essential to global finance. If they stop or slow lending, it Will be felt. In 1998, the US economy was heating up, so it mattered little. With the econmomy stagnating, it will matter more. You sounded like AG in your writing by the way...

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