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

To: reaper who wrote (5146)8/25/2002 9:13:09 AM
From: orkrious  Read Replies (1) | Respond to of 89467
 
Al has his thumb in the dike right now; we'll see if it holds.


from a humanitarian perspective, I hope so. Intellectually, I know it won't. I almost feel guilty knowing I'm going to profit on the misery of others. my conscience is ameliorated by knowing that if I don't do it, someone else will. I wish Uncle Al would just pull his finger out of the dike and get it over with.



To: reaper who wrote (5146)8/25/2002 5:36:57 PM
From: NOW  Read Replies (1) | Respond to of 89467
 
what happens if interest rates were to rise?



To: reaper who wrote (5146)8/25/2002 6:03:22 PM
From: yard_man  Respond to of 89467
 
and ... at some point in the cycle, folks become unable to take on any NEW debt no matter what the price and then unable to service what they have. It is lack of demand for NEW credit that will become the killer



To: reaper who wrote (5146)8/25/2002 6:07:41 PM
From: yard_man  Respond to of 89467
 
>>remember, removal of credit from the marginal borrower is what caused the corporate capex meltdown<<

Not entirely ...


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