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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: LLCF who wrote (584)5/1/2003 7:55:36 AM
From: orkrious  Read Replies (1) of 4912
 
It's interesting that while the US consumer has been proping up profits around the world, US corperate profits have been real crap. And while those that 'pooh pooh' the 'debt worrywarts' hold up debt service [due to low rates] as reasonable [most likely so they won't have to look at those aggregate debt numbers] in fact the guys that pay the wages [US corperations] saw annual interest charges move from $108B to $193B during the '96-2002 period while profits were flat...

bernstein must subscribe to richebacher <g/ng>
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