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To: pater tenebrarum who wrote (34193)5/22/2000 9:42:00 AM
From: LLCF  Read Replies (1) | Respond to of 42523
 
<they also said they expect more write-offs to come. so what happens in a recession? the credit bubble's going to destroy the banks.>

I don't think we have recessions any more.. haven't you heard? <ggg> Amazing how many problems there are during the boom times, what happends if they end?

DAK



To: pater tenebrarum who wrote (34193)5/22/2000 10:03:00 AM
From: Les H  Read Replies (1) | Respond to of 42523
 
What's to worry? Fox had a profile of the average person. $ 3100 in the bank, $ 24,000 in the 401(k), $ 51,000 outstanding in mortgage loans, and owes $ 2,623 on two credit cards. Nothing to say how much in hock for the one cat and one dog, and how much equity he has in his SUV.