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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Mike Learner who wrote (33766)4/4/2002 3:40:21 PM
From: TechTrader42  Read Replies (1) | Respond to of 52237
 
Who wouldn't be interested in getting their mitts on some of the massive consumer debt, particularly when debt is increasing and interest rates could rise? And those 0 percent offers are attractive, for the obvious reason.

Interest rate payments for consumer debt total more than a trillion smackeroos -- $1.6 trillion in 2002, up from $1.2 in 1997. It's big business for commercial banks and finance companies. Consumer credit increased by 9.25 percent in January, up from 8.5 percent in the previous quarter.

Will it affect consumer confidence (and the market) at some point? You tell me. Maybe when all the baby boomers retire and need money (once GW has run through the Social Security funds for tax breaks for the pleuritic plutocrats).

And so on and so forth. Is this TA? Where am I?

Get debt help here! Yes, lower my bills! Call now! (I'm going into the debt reduction service biz. It beats trading stocks.) Or sign on to an online bankruptcy and debt counseling service at:

Subject 24052

Oops. Is that the right link? Architecture being what it is today, I can't tell a church from a debt service company. An attractive faux-marble portico, I must say.