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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: MythMan who wrote (35402)4/22/1999 11:55:00 AM
From: Mike M2  Read Replies (2) of 86076
 
MM, as I have said all too often- there will be tough love fer all. The bears have gotten theirs next it will be the bulls. BK is not a myth but it is quite evasive . The longer the orgy continues the greater the damage. To maintain this credit bubble - credit must expand at an ever increasing rate to maintain the stimulative effect - much like a junkie needs higher doses to get high. This is not possible at some point there must be another credit crunch. I cannot tell you in advance when it will happen but extreme leverage leads to economic violence and tough love. The bigger the boom the bigger the bust. HO HO HO Mike
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