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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (47102)3/7/2004 10:18:07 AM
From: AC Flyer  Read Replies (1) of 74559
 
>>As to the rest, I will go with this script<<

You know, the guy is right - it is just that it will take far longer for this scenario to play out in the US than he imagines, due to:
a) cyclical economic recovery
b) productivity & corporate profit recovery
c) monetary rocket fuel
d) an ocean of consumer demand

The magic ingredient that will trigger the unraveling of the whole leveraged Ponzi ball of wax is a secular failure of d).
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