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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (11695)	12/7/2001 7:39:40 PM
From: Mark Adams	Read Replies (2) \| Respond to of 74559

And I was one to pooh pooh debt as a problem- especially as it related to the purported extreme levels of consumer debt. Yeah- one month this year consumer debt did expand at an annualized rate exceeding 10%- which prompted a 'new record' headline. Which was pretty bogus when examined in the context of the typical swings in consumer leverage. It might turn out that corporate debt imploding becomes the catalyst that creates a problem in the household capital structure. Given a year has passed, the situation has evolved a bit. Maybe we've not crossed the brink yet. Perhaps hope should not be displaced by despair. WTFDIK?