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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: Haim R. Branisteanu who wrote (72417)3/16/2001 10:29:30 PM
From: bobby beara  Read Replies (1) of 99985
 
Haim, that italian car is paper it's a promise to pay, wat happens when the borrowers are all tapped out and don't keep their promise, i think you have a massive problem here built up in the expansion with banks lending way to freely during the boom to create big earnings and keep their stock soaring, and people who promised to pay, based on 4% unemployement will have a major tuff time if we go to 6% or more unemployement, greenspan should be crappin in his boots, this economy is grow or die, that's the way it has been for a while and they've been able to bring the patient back alive many times, this may be the time for the jubilee cycle or that krondatev dood's jig.
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