Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Mike M2 who wrote (13756)	1/21/2002 12:36:56 PM
From: AC Flyer	Read Replies (2) of 74559

Mike: You wrote: >>We must also remember that debt levels are a record levels and credit quality is deteriorating<< I would be more inclined to consider seriously your point of view if you would provide data to support your opinions. My opinion regarding your opinion is that aggregate debt will ALWAYS be at a record level because of economic growth and of course credit quality is deteriorating - that's what happens in recessions.

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