Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: smolejv@gmx.net who wrote (19025)	5/17/2002 2:48:55 PM
From: marek_wojna	Read Replies (1) of 74559

Market, currencies, debt internal & external, IMO are only being currently serviced. The mortgage balances in US didn't go down too much, all other debts like CC. only interest is being paid to avoid collectors. Same thing all over. Baby boomers are getting closer to retirement, sooner or later those who have retirements savings will become more and more concerned. Right now the inflation numbers are being manipulated like in the old Moscow economic school. Nobody is paying attention to health insurance premiums, things like education, services which used to be free and now they cost. BTW if the trust to the government published numbers stayed intact among investors the greenback wouldn't loose over a one full point today.

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