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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (87719)	7/9/2002 9:09:31 AM
From: PAUL ROBERTSON	Read Replies (1) \| Respond to of 116778

a Pimco strategist who's name i do not recall said it all on CNBC yesterday. "The USA is in debt up to its ears at all levels. This is no time for corporate America to become timid. Unfortunately, very careful is what they are being. Future returns look weak and companies refuse to spend for growth purposes. So the debt, continues to cascade and overwhelm." i heard Kudlow mention that the fed must now aim to ease until inflation makes itself very present. No preemptive garbage. i agree. If a financial collapse is to be avoided and debt eventually repaid, America, in deep debt and experiencing poor business prospects, must move to quickly devalue this debt. No real differences from Argentina and Brazil.