Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (4620)	11/10/2001 12:26:12 PM
From: Joan Osland Graffius	Read Replies (1) of 99280

Zeve, It is beyond my comprehension how the excesses and malinvestment that occurred during the 90's are going to get swept under the rug. We have capacity world wide that needs to be redeployed "into what"!!! We have debt world wide that needs to be written off, which means bankruptcies. In our system debt or losses can not be written off without someones' getting hurt. I personally can not see how any amount of money that the fed can generate or Washington can send to the people will make a difference until there is some rational semblance of debt to assets with the citizens and corporations world wide. BWDIK, Maybe I don't understand the problem. Joan

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