Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: stockman_scott who wrote (285)	6/8/2002 9:25:06 AM
From: Jim Willie CB	Read Replies (1) of 89467

Scotty, the debt summary paragraph is frightening but more frightening is GreenShort's lack of fear the debt implosion continues meanwhile I believe the momentum of liquidation is unabated it is as strong as a spreading brushfire, only slowmotion and just the opposite like disappearing trees, buildings, houses falling thru the cracks into the underground I dont have a good feeling about this business spending and consumer spending are the keys former is not happening anywhere I see despite rosey outlooks stated by economist (but not CEO's) latter does continue, but one has to note the extreme debt levels for households and wonder in the aggregate, US debt is accelerating economic growth is stagnant I see the whole herd running gradually over the cliff / jim

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