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Strategies & Market Trends : Ride the Tiger with CD

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To: loantech who wrote (7250)4/23/2004 1:07:32 PM
From: tyc:>  Read Replies (1) of 313392
 
Hi Tom,

"I know what you mean...". Then will you please explain to people like me who "have never known hard times". What happens when the "debt bubble explodes" ?

It seems to me that the current situation is just the opposite of the depression of the thirties. Then governments kept credit "tight". Are you saying they were right to do so and should follow that course now ? Why does easy credit foretell the same "doom" as was caused by tight credit in the thirties ?
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