Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: AC Flyer who wrote (7491)	8/21/2001 7:25:44 PM
From: Stcgg	Read Replies (1) of 74559

What About the Debt? Time is the only remedy given fixed capacity, we could very easily be headed into a 15-20 yr contraction (or depression) similar to the 1929-1949 era.. Excesses must be wrung out and monetary losses solved before any further real advances can be made globally.. This is still the first leg of a long, secular bear market of which the first Phase III has yet to be felt, imo.. >><<

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