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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (128318)10/9/2001 1:51:26 PM
From: Haim R. Branisteanu  Read Replies (2) of 436258
 
The good news is that it will come handy in the future. The bad news are that Telecom has around $350 billion turning into dust. That is twice the S&L debacle in the early 1990.

On top of all that we have around 100 billion in direct damage from Sept. 11 disaster which also may have a 1 to 5 multiplier effect worldwide.

Not a nice picture ............ but paper money will cost almost zero to borrow and inflate us out of trouble ........ or may be not

BWDIK
Haim
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