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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Crimson Ghost who wrote (65036)5/9/2002 9:43:37 PM
From: Big Dog  Read Replies (2) of 99280
 
Is a depression looming?

No one ever anticipates one, but consider:

-State budgets running dry.
-Federal budget has a growing deficit.
-Looming international crisis.
-U.S consumers in debt to their eyeballs.
-Major corporations laying off significant portions of their
workforce.
-Major corporations being labelled by S&P as "junk."
-Public losing confidence in the accounting and brokerage
industries.
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