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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (2590)7/19/2002 11:16:35 AM
From: Jim Willie CB  Respond to of 89467
 
amazing, investors want easymoney to fix easymoney problems

the entire 1990 sham was built with easy money
IPO, VC capital, declining rates, gold subsidies of TBonds, foreign capital, creditcards, homequity loans, with totally vanishing savings accounts

now investors fail to see that the bubble & bust are directly attributable to easymoney policies

they propose and hope for a stunning solution:
MORE EASYMONEY

like an alcoholic who struggles with toxicity problems, whose energy is lost, whose mental state is wracked by depression, the worst possible solution would be...
A NICE BOTTLE OF JACK DANIELS

like a cancer victim who struggles with organic disorders, whose energy is lost, whose mental state is despair, the worst possible solution would be...
A FIELD TRIP TO A NUCLEAR GENERATING PLANT'S INNER CORE

investors wont get it until they are destroyed
and when their 401k accounts are a fraction is incoming contributions
this is to be sad, tragic

detox treatment involves a long period of liquidations
and that includes some Treasury Bond debt
without proper treatment, we will see a much longer and deeper recession, which imho will become a depression
just like Glickenhaus predicts
/ jim