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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Haim R. Branisteanu who wrote (178967)7/10/2002 10:03:00 PM
From: yard_man  Read Replies (3) of 436258
 
if that is true -- we're all finished as far as the economy goes. Socializing the debts will reveal how poor we really are as a nation.

I suspect we get more of washout first, but nothing would surprise me really ... hope you're wrong.

We joke about PPT, etc, but I hope they aren't going ape intervening in the markets -- cause if they are -- one day it fails and we get an even bigger bust.

Only way to put CSCO back at 20 from here is for everyone to lose purchasing power for real economic goods (not just housing either) -- i.e. price inflation -- not just money growth.

I know this is heresy, but it may be too late for them to be able to spark price inflation, BWDIK ...
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