Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: besttrader who wrote (26628)	6/7/2001 11:33:21 PM
From: AD	Read Replies (1) \| Respond to of 37746

interesting article on perfect storm knight, thanks I'm glad they zero in on debt because dammit, the concept of debt burden taken on by companies is conveniently being swept under the rug. It can't be ignored forever though as bankruptcies soar and in turn stings companies they owe money to. In my business where I sell wholesale, my customers have quietly been trying to increase their outstanding invoices by paying slower. I am not going to be a party to the increasing debt burden because all that will do is tempt the weaker ones to bk with all their vendor's money. Eff it, I cut off the ones who can't cut it until they start realizing they'll need to make us a priority or we're gone. As traders watching all of this, we should all make a concerted effort to keep credit card balances to a minimum, imho, or else we only add to the problem. Same goes with borrowing to the hilt for car loans, homes etc. Regards AD