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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (38752)	4/11/2001 5:05:15 PM
From: stomper	Respond to of 50167

I hear they are going to open YHOO/Albania...so that will help too. <ggg> Ike, I hope your right about the "recession/non-recession", no one wants one. Need the consumer to keep this all going and from the stats, Joe consumer is starting to look a little tapped out. Mountainous credit card debt, miniscule home equity (which incidentally zain, you nailed when we discussed it earlier...refi's are still running HUGE), negative savings rate. Doesn't it have to end somewhere? Basically the American consumer is spending more than they bring in...no? You're still making great calls on the levels though Ike. It is obvious you are more than just a little savvy, which of course is why you are so bookmarked. -dave