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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Steve who wrote (49008)2/16/2001 10:25:54 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 77400
 
Steve, if I had a number for that, I probably wouldn't be posting to you but would be somewhere in the Carribean counting the money I have and will make.

The bad debt is a lot though, that I know, but exactly how severe, I don't know; there are some theorists who have predicted it, I am sure bambs has a better figure than me.

What I do know is that you can't go through 5 years of bubble, with the last 2 (ending in March 2000) being the most ridiculous in the history of markets', and their not being any consequences.

I BELIEVE that the recession will be worse than the early 90's; I don't buy the stories of a new Great Depression, but I can imagine a scenario of 9-10% unemployment.