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To: pater tenebrarum who wrote (105685)	5/31/2001 5:36:32 AM
From: Bill/WA	Read Replies (1) \| Respond to of 436258

Heinz, <<the gap between income and spending yawns ever wider...and the collapsed savings rate portends that the consumer will sooner or later be FORCED to cut back.>> my simplistic thought - J4P looses his job - can't find another - credit cards maxed out - cancels the broadband connection - lets the bank take back the boat, SUV, big screen TV - has 1-2 months left before the bank takes back the house. greenspud can print all he wants however, when the consumer can't spend anymore he's ka-ka out of luck. re: his major future problem - the increasing unemployment. the US consumer can't spend anymore, the whole globe takes a dump. is this too simple?? Bill/WA