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To: dave9 who wrote (88101)	10/9/2008 7:47:32 PM
From: benwood	1 Recommendation Read Replies (2) \| Respond to of 116555

Recently I was mulling over how corporations seem to exist: most (say 99%) just keep accumulating debt until one day the go BK and leave empty shell casings in their wake. e.g. Ford, GM, United Airlines, AIG, Lehman Brothers, etc. It seems to be the model, just keep increasing debt. I realize that most big corporations just run a long, long confidence game. When will IBM blow up? They have incredible debt on their books. Who doesn't? Microsoft doesn't, maybe Apple, Starbucks. Hardly any really. Maybe the oil companies (so why the %#@ do they get tax breaks again???). Very flawed model. The more successful a business is, the more they owe.

To: dave9 who wrote (88101)	10/9/2008 8:26:58 PM
From: kormac	Respond to of 116555

We will never recover !!! World's population still increases at 70 million a year and world's fossil fuel resources are depleting at fantastic rates. World Oil Peak has now been passed as we will from now consume less oil. Natural gas peak will be here in 10 years, (and sooner if by into Boone Pickens's hallucinations). Coal peak will be here by 2030 and it is sure to arrive for we are in a death dance with our cars, and will convert coal to liquid fuels. Ir was nice while it lasted, but it is now over.