Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (47259)	12/13/2000 5:26:15 PM
From: Lucretius	Read Replies (2) \| Respond to of 436258

i smell a crash tomorrow.... HO HO HO

To: pater tenebrarum who wrote (47259)	12/13/2000 5:27:06 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 436258

i conclude that the growth in debt is now in part firmly in Ponzi territory, where new debt is incurred to pay off old debt, in view of cashflows no longer supporting debt service of the more marginal weaker borrowers. Aren't cashflow-negative enterprises being priced out of the debt market? Junk spreads at historiic highs and all...this seems to be the case for failing DSL carriers, for example. What sectors do you see engaging in Ponzi cyclicality?

To: pater tenebrarum who wrote (47259)	12/13/2000 6:05:47 PM
From: Oblomov	Respond to of 436258

Thanks... I'm inclined to agree that several recessions will occur in the next decade.