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Strategies & Market Trends : Ride the Tiger with CD

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To: E. Charters who wrote (132132)	9/29/2008 10:53:31 PM
From: grusum	Read Replies (1) of 312301

it would be a good thing if most credit went to credit heaven. i know some credit is a good thing. credit given to upgrade a business to rise above the competition is an example of what i'd call good use of credit. but credit to buy cars, tvs, shoes etc., i don't think is such a good thing. new businesses will rise to take the place of the old. new jobs will be offered, although fewer than before and probably for a little less pay. i'm glad it was voted down. maybe something better can be done, i don't know. but i think i'd be happy just to have the market sort out the mess..

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