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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (48944)3/26/2002 12:55:27 AM
From: Cactus Jack  Read Replies (1) of 65232
 
JW,

With consumer debt levels continuing to climb at alarming rates, if the housing market hits the skids (presumably with rate hikes) and with it the ability of folks to borrow what they've long considered free money, no impetus for "recovery" any more.

jpgill
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