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Politics : Stockman Scott's Political Debate Porch

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To: stockman_scott who wrote (2754)7/20/2002 4:30:36 PM
From: SOROS  Read Replies (2) of 89467
 
I've got a cut on my finger. I'll bet this guy would love to pour lemon juice on it. This guy makes me look like Larry Kudlow. Sad thing is, I do realize that this scenario is at least a possibility. Most American investors either refuse to acknowledge this or simply don't have a clue. If it pans out, the pain will be more extreme than ever before because people are about 1/10 as "tough" as they were in 1932. Plus, you have generational troubles like never before. Those above 70 will handle what comes. Those from 60-70 will be extremely depressed. Many of those 40-50 will jump from buildings. Those in their late 20's through 30's will try to figure out a way to take from others in their families. The teenage through early 20's generation will turn violent. I hope it does not pan out this way, but in terms of prophecy, I can't deny this would not make sense. And in terms of human nature, simply based on what we know of WCOM, Enron, etc., there is a high probability that the thievery goes almost completely throughout every public company.

I remain,

SOROS
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