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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: NOW who wrote (92982)4/11/2001 3:27:59 PM
From: Andrew G.  Read Replies (1) of 436258
 
Davidd: I've been arguing this point with Heinz. There is no apparent threshold, critical mass/chaos theory boundary at which the whole system just caves. In fact there is nothing to stop the Fed from continuing to print more $ or consumers to continue to succumb to sticker-shock, as long as they are capable of meeting their monthly payments.

We are all here waiting for that big Kahuna or whatever, but the debt loads (corporate, consumer, government) just keep pushing along ad infinitum.

I thought that such could only be the case with inflation, but apparently it is the case with debt levels as well.
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