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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (2327)	3/11/2001 10:53:02 AM
From: westpacific	Respond to of 74559

Corporate Debt, State Debt, National Debt, Personnal Debt - the equation just does not add up. Until this corrects and comes into line - and that could take years and years - the stock market is doomed. Along eventually with the real estate market and earnings to all that are feeding this insanity of debt. It worked for many years - even savings as in Japan is not the solution, but at least the Japanese are wealthy people and can still afford trips to Hawaii, Gucci handbags and Blue Fin Tuna. As for many Americans they will barely be able to pay the mortgage. West