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


To: james paterson who wrote (67540)9/11/1999 4:14:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 132070
 
"During the 12-months ended June 30th, total non-financial debt expanded by almost $1 trillion. Total financial credit also expanded by about $1 trillion."

(from David Tice: prudentbear.com )

Tom



To: james paterson who wrote (67540)9/11/1999 4:41:00 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
Jim, I read Kasriel all the time and still don't understand why Jane is buying a bass boat. <g> But, as I've long said, when the Fed asks why there is such a bubble of speculation, they need only look in the mirror.