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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: PaperChase who wrote (64345)7/10/1999 10:05:00 PM
From: Don Lloyd  Respond to of 132070
 
PC -

(...Look at mutual fund inflows by americans and then tell me americans couldn't liquidate some holdings to pay debt...)

I suspect that the inflowers and the debtors are non-intersecting sets. As a wild guess, 50% of American families couldn't come up with the minimum for a Schwab account even if they were to liquidate their entire net worth.

Regards, Don




To: PaperChase who wrote (64345)7/10/1999 10:52:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
When trends are at the top of an unsteady pyramid, wise investors bet against them.


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