Clown-Free Zone... sorry, no clowns allowed Message Board

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

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To: BGR who wrote (105414)	5/29/2001 5:36:16 PM
From: yard_man	Read Replies (2) of 436258

it's not what is doing wrong here, BGR -- goodness sake -- how long you been haning around here? He is easing now to save a gargantuan bubble that he helped to create along with a bunch of other willing participants. This thing has been in formation at least since 96 -- You're simply asking the wrong question. Look to the balance sheets of individuals and corporations and ask yourself how things got so d&mn out-of-kilter ... ya don't suppose artificially low interest rates or easy money had anything to do with it, do you?? Greenspan could allow a real correction to proceed here. A short deep correction could be accomplished if he'd lighten up on the tap a little, but he can't give up his status as a god ... so it's not over until no-one wants to take on more debt. We'll get there give it another 6 months to a year ...

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