Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (16270)	11/21/2002 2:16:57 PM
From: Gary H	Read Replies (1) of 81137

"Viewing the present situation, I find it more dismal than most investors realize. It is thought in policy circles that a strong housing market and robust spending by consumers is a "healthy sign" of the economy's vitality. In fact all that has taken place is a bond, mortgage, housing, and consumption bubble has now conjoined with a bubble in the stock market. Instead of one bubble, we now have multiple bubbles held up by a continuous stream of new credit." kitco.com Will one bubble burst set off a chain reaction? I think so. The credit situation is like a sand castle, and "All sand castles are washed back to the sea by the tides of time."

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