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To: 4figureau who wrote (3319)	2/20/2003 4:01:52 PM
From: Jim Willie CB	Respond to of 5423

National Post article on US debt ceiling struggle is ominous this morning, the effing buffoons on CNBC said "next up is trade data, which nobody cares about, and nobody understands" interesting we assume foreigners will continue to finance the American Profligate Dream they will not we assume our federal debt level can rise and rise, without consequences either to the economy or longterm rates there will be consequences we sneer at lowly Argentina, with arrogance and deep assumptions as Noland of Prudent Bear says... (paraphrase) "as the US Economy is drawn toward the Japanese or Argentina resolutions, we increasingly lean toward the Argentina case" ouch, reality is to strike very soon heck, let's blame it all on Iraq we have become a nation that has abdicated responsibility / jim p.s. sent to G-E