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To: NOW who wrote (240864)5/15/2003 5:21:09 PM
From: Perspective  Read Replies (1) | Respond to of 436258
 
Well, a large chunk are now Japanese bagholders, but there's still a ton of debt owned domestically.

I think when people catch on, the animal spirits released will subvert AG's goals. You can't go 'round f*cking creditors and expect them to keep playing nice.

Also, I think many are afraid of their debtors; they've lent lots of bad loans, and might prefer payback in reduced dollars vs. no dollars.

BC


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