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Strategies & Market Trends : Waiting for the big Kahuna
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To: paulmcg0 who wrote (16860)4/19/1998 4:42:00 PM
From: James F. Hopkins  Read Replies (2) of 94695
 
Paul; The bigger crashes always have debt that can no longer
sholder the interest payments..that's more a key to it than
over valuation. Interest is like a TAX but it's charged
by the system. It effects us all even those like yourself
with out debt as that interest is passed on in the goods
we have to buy. The gov gets blamed fot it all , but the gov
is only a part of it many of the biggest corporations all have
steep debt, they leverage the debt if they can borrowing at
one rate and lending out at another. Our Banking system is
for the most part on the dole supported first by Tax payers not depositors as it gets cheap money from the Gov..that it leverages
out.
---------------
GE don't just make products it's also a financial giant that
lends out tons of money..and carries more debt to assest
in a ratio greater than the Gov..how long the TAX payer can
support this I have no idea but it's a real nightmare if
you look inside it. The whole system is like a huge Pyramid
scam, with big multinational financial gorillas and Insurance
companies at the heart of it and pulling the strings, and
when it does fall they grab the money and run for santionary
in back up systems they have reserved just for the elite of
their members. Like any pyramid scheam only the ones at the
top of the tier wind up with anything when it comes apart.
If you or I start a pyramid system we get in troble, it has
to be huge to get respect..and the one that hovers over us
does not like compitition, you can play in that one by it's
rules but don't start another one. <G>
Jim

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