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To: yard_man who wrote (388)1/24/2003 6:47:10 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 1210
 
they will receive a painful education in a way they can see
in their wallets

price of....
electricity
gasoline
natgas
food
mortgage payments (eventually)
electronic consumer products

this will get ugly only when three things happen:
1. utility and gasoline bills fly upward
2. electronic products go up (when Asian currencies rise)
3. state taxes and property taxes get out of control

hey, why is almost everything going up in price?
I dont get it, since bigtime oversupply worldwide!
oh, today I will go pick up the kids and declare bankruptcy

my oh my, look at California
they just declared bankruptcy
is that possible?
well, I guess if NYCity did in the late 1970's, so can Calif
we never liked California or their people anyway

the press/media will spin the story as a foreign plot
part of the cause will indeed be foreign tactics
e.g. Arab petrodollars boycotting US financial markets
(no more recycling)
blame WTC attack, corporate scandals, now Iraq

next year what will be blame on the dollar crisis?

my guess is Islamic financial boycott terrorism

/ jim