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To: yard_man who wrote (96129)4/18/2001 10:55:46 PM
From: JRI  Read Replies (1) | Respond to of 436258
 
Thanks Tip....I was, after all, (clearly stated) representing THE CLOWN...

My take is that it could possibly drag out another month or two (spending stays up OK/barely) and then bam! I think the energy/layoff thing is going to hit hard then (summer loving)...California is going to be a nightmare (actor's strike/energy/tech layoffs/tech ports getting crushed/Dodgers mediocre again..

(BTW- I don't agree that spending is down as much as one would expect...it has been affected, but not as much, because, as you mentioned, J6P has taken on more debt...



To: yard_man who wrote (96129)4/18/2001 11:29:25 PM
From: NOW  Read Replies (1) | Respond to of 436258
 
Multi month? You are optimistic.
Once J5p is tapped out from his refinance operation, his gas bills, his hc insurance, and his credit card bills, then the set up is right for interst rates going up to KILL him. But perhaps not before.