Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: RealMuLan who wrote (32346)	4/24/2003 10:15:12 PM
From: elmatador	Read Replies (1) of 74559

<<over-capacity problem in the US...4-5 years to be sorted out.>> The problem is Chapter 11. Instead of weeding out the weak -capitalism without bankruptcy is like religion without hell- so that overcapacity is out of the market, Chapter 11 is too good and the overcapacity never goes away. Look to the airlines industry to see what I mean.

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