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

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To: Steve Lee who started this subject11/30/2001 8:46:24 PM
From: sylvester80  Read Replies (3) of 99280
 
Does everyone get the feeling that this house of cards is about to come crashing down?

Massive debt everywhere. Enron will not be the first collapse. Lucent, Nortel, phone companies etc... etc... There is massive debt everywhere. Remember that most of these companies were counting on a rebound by now to save them out of debt. Now we hear that things are getting nasty again in Argentina. They are struggling to service a $132 billion debt.

IMO, this house of cards is about to come crashing down...
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