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

To: stockman_scott who wrote (2786)	7/21/2002 11:37:51 AM
From: Jim Willie CB	Respond to of 89467

sharp Galbreath: In short, we face major threats: unsustainable private debts, rising oil prices, a confidence crisis, fiscal woes at all levels of government and a falling dollar amid weak export markets. Not a hangover, in other words, in a healthy organism -- but an underlying disease. Call it debt dependence. HE HIT THE NAIL RIGHT ON THE HEAD THREE STRAIGHT TIMES the disease requires and will receive powerful medicine liquidation of debts curtailment of household spending higher costs of borrowed capital elimination of 1000's of excess businesses and worst of all..... WRECKAGE OF ASIAN BANKING SYSTEM with a possible (just possible) constructive rebuilding / jim