Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (35312)	6/23/2003 9:11:04 PM
From: TobagoJack	Read Replies (2) of 74559

Hi Energyplay, <<I expect that banks will step into this market, making longer term loans (1 year) to the companies, and financing short term (3 months) with commercial paper, and earning the spread>> ... at some point no one can afford to make a loan, or interest rate will go up. In any case, the banks will be busy dealing with their then imploded mortgage securities. Else, history ended, and printing money is healthy. Chugs, Jay

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