SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joan Osland Graffius who wrote (93241)4/12/2001 1:46:04 PM
From: bill meehan  Read Replies (1) of 436258
 
Joan, the absolute amount of debt creation is indeed staggering, and a good deal of borrowers won't be able to repay, however, relative to the size of the economy it's not extreme. It was a mistake by many to confuse the part that debt played in building the asset bubble, but I also think it's a mistake to think that the problem is so large that a financial disaster looms.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext