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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (2457)	11/19/2003 6:44:56 PM
From: mishedlo	Respond to of 110194

should be based on risk. Right now nothing is and money is thrown at everything. Mind you - I literally think there are ZERO answers to the problem other than massive wiping of that debt off the books. We are attempting (like Japan) to refuse to take our medecine. Companies should be allowed to go under and instead we try and save them. Tight credit and letting the weak ones go is better than punishing everyone with a rate hike. As I said, it is not easy and as you said it is a can of worms M