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.

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

To: Baldur Fjvlnisson who wrote (4195)	8/8/2002 3:20:04 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 89467

a recent revelation to me was this early summer on Europe their stock bubble is almost as big as ours London's Real Estate bubble is just as big as ours their malinvestment in telecom is almost as big their dabbling into dotcoms was tiny thier individual debt levels are nowhere near ours their household participation in stocks is much less really sad how gathering East Germany, Poland, Czech into the German fold crippled Germany so badly they meant well but once more, credit creation has its limits THIS IS THE STORY OF THE LATE 20TH CENTURY wait until the revenge of gold comes full tilt !!! but the debt liquidation is underway in Europe their banks are hurting also seems like the USA has a deeply speculative economy but Europe's was right behind us, trying as it could to match us, but not able please correct me wherever my perception is off just dont say "BYE" gonna be ugly gonna be real interesting to watch the desperate Central Bankers they caused this mess with monumental available credit it is the system of credit creation that is to blame money gets borrowed and invested in the PATH OF LEAST RESISTANCE soon that path will be squarely set on commodities it will be widely recognized as the only sectors THAT WORK the trend reversal has begun and gold will be the surprise winner looking forward to muckracker brokers recommending golds those stupid little arrogant MBA stooges they can take their Keynesian textbooks AND SHOVE THEM UP THEIR ASSES / jim