Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 159.13

-4.4%

Nov 11 3:59 PM EST

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To: Robert Douglas who wrote (10445)	7/17/2002 3:36:29 PM
From: Jim Willie CB	Read Replies (2) of 10921

you refer to federal debt as pct of US GDP I refer to combined federal, corporate, state/local govt, and household interest plus portion to principal versus US GDP is it unlikely? counts mortgages, second mortgages, credit card, car loans, student loans, boat loans for individuals many households go negative each month, and get by from tapping home equity counts federal interest but without benefit of income counts corporate, state/local govt debt service without income very very likely to me esp since combined govts pay up but dont have income the country is choking on debt the big effect I find critical is that wives (spouses) went to work in the 1960's and 1970's to keep up with rising cost of living in the 1990's we were given a "pass" and saved nothing, expecting 10% annual mutual funds and 401k growth but in the 1990's we really needed a 3rd household member to pitch in with expenses but only two people work in marriages homes really need Uncle Charly or Aunt Martha to live with them and pitch in on costs I will check debt links, and it might take a few days I believe the biggest rise is in corp debts if I recall, corp debt load is 3-4x what it was in 1990 but GDP is only 40% higher (or so) now that corporate debt is being liquidated rapidly via BK's a few $100B just died recently / jim

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