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To: AllansAlias who wrote (65372)2/7/2001 1:23:52 PM
From: Mike M2  Read Replies (1) | Respond to of 436258
 
Allan, too much credit too little concern for the ability to repay the debt = TL & EV. mike ho ho ho



To: AllansAlias who wrote (65372)2/7/2001 2:00:21 PM
From: NOW  Respond to of 436258
 
well I thought that in this situation the new money wants to chase inflating, not deflating assets. As in Japan for the last 10 years. The effect is the same of course: it doesnt go where it needs to go, (goes to where AG wants it to go though, of that I'm reasonably sure: transfer IS the end game).