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Strategies & Market Trends : Galapagos Islands
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To: AugustWest who wrote (14490)11/27/2002 11:08:46 AM
From: Jorj X Mckie  Read Replies (1) of 57110
 
from that article:

What's bothering the Fed the most, I'm told, is that companies don't seem inclined to spend, either because they lack faith in the economy, are worried about terrorism, disheartened by corporate scandals or - most likely - all those things.



of course, nobody ever suggests that it is because they already have too much debt and that the companies know that taking on more debt is just digging a deeper hole.
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