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Pastimes : A Jackass, his PAL(indrome), and GOLD -- Ignore unavailable to you. Want to Upgrade?

To: Telemarker who wrote (615)	2/5/2003 12:59:33 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 1210

you think instead that the debt insanity can be sustained? why? I believe you vastly underestimate the truly awesome power of a worldwide Kondratieff Winter we are in the midst of a debt liquidation phase the entire United States economy is built on a debt-based foundation its citizens each maintain a household built on debt abusively our government operates on debt abusively our corporations operate on debt abusively and this will continue without consequence or pain or resolution ??? you have too much faith in the Fed's Printing Press what will be market response be to excessive usage of this press? I say, a dollar collapse in tragic inexorable painful slow motion despite all efforts remember, 45% of USTrez debt is owned by foreigners this aint Japan, where they own most of their own debt foreigners will not stand idly much longer if the dollar continues down in a spiral, what effects will be felt to the USEconomy? your faith is unfounded and to me, seems blind / jim p.s. hey, nice name are you a telemark skier? if so, where?