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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (781)9/17/2003 10:49:00 AM
From: Jim Willie CB  Read Replies (2) of 110194
 
MishMan, more evidence of debt troubles at all sectors

when I talk to extremely bright business friends, I ask:

how can this be reversed? to be made healthy?
every example in modern history of such a trend has resulted in sudden foreign capital flight upon recession, then utter decimation

how is this to be corrected?
eager to hear any ideas?
not only is debt at deadly levels for households, but deadly for corporations, and deadly for USGovt

how can this be corrected?
micro solutions implemented so far only make it worse
we extend debt to stimulate a recovery, federally
we extend debt to continue the mindless consumption, households
we extend debt to stay in operations, corporate

we are attempting to defy Mother Nature
the usual response is a recession, which politically you forbid and therefore urge to fight
the laws of Economic nature are powerful, just as powerful as the weather
in fact, I regard (as do some experts) that nature cannot be reversed or interfered with for long periods without a horrendous natural response

this one particular friend has many answers at micro level, to help the individual firm
but he is clueless on macro issues
/ jim
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