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To: flatsville who wrote (69026)	2/18/2001 5:59:07 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

The very next aricle in U.S. News and World also has some important ramifications for the "post bubble recovery period": usnews.com If BK laws are toughened (which I strongly disagree with, seeing that the banksters and credit card peddling swine have been completely out of control in extending credit to even the least worthy for the last decade), it will be tougher for the bagholder/consumer to regain his footing (and his housing post bank foreclosure) after he goes under. It (tougher bankruptcy laws) may be the current Congress' equivalent of the Hawley-Smoot tariff act in the 30's that turned simple bubble collapse into a Depression. They both had the effect of magnifying a predominant deflationary trend (then by reducing foreign trade demand, now by accelerating and prolonging deflationary debt trapping). Got Euro warrants? I do....