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Gold/Mining/Energy : A to Z Junior Mining Research Site

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To: Jim Willie CB who wrote (3912)4/3/2003 10:53:38 AM
From: SOROS  Read Replies (1) of 5423
 
As long as this Magical credit machine of Greenspasm continues, they can hold off the inevitable. No one is worried about the value of their money. In the past, people would be trying to get their money market funds out for fear the banks would go broke. But Alice Greenman just cranks it up another notch and companies that should already be bankrupt find willing lenders once more. It is amazing to watch this pixie dust credit keep appearing. But, even though we don't know exactly when, we do know it must end. And when it does, America will not be the :land of milk and money" anymore. You WILL see reports of mass suicides before this is over. Making the "war" wash over the debt troubles is simply one more unbelievable joke. If anyone actually looked at the balance sheets of most of these companies and pretended it was ANY other time in history, they would drop dead from fear. What is coming is not pretty.

I remain,

SOROS
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