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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Andrew G. who wrote (95888)4/18/2001 4:00:00 PM
From: pater tenebrarum  Read Replies (2) of 436258
 
i'm not sure if you look at all the stats i'm looking at...as for the precise timing, who knows? it is however clear that the imbalances that have been created will be corrected. you can't create $5 in new debt for every dollar of GDP growth forever.

oh, and i got lots of similar posts in Q1 last year when i said the NAZ was a bubble that would burst...and it sure did burst, in spite of all the 'experts' assuring us of its permanence (i am referring to the WS analyst/strategist community here). the main difference between the two bubbles is only that the demise of the credit bubble will be much more painful and economically devastating.
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