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To: Alex who wrote (9018)3/29/1998 1:07:00 PM
From: Terry Rose  Read Replies (1) | Respond to of 116762
 
Alex, I guess if one is a country or a company the solution for debt is more debt. Now, if an ordinary person goes this route his final destination is a bankrupcy court.

Speaking of crazy mathematics, current market wisdom surmises that OPEC cannot continue to curtail production of oil due to loss of revenue from reduced production. This does not hold water. OPEC reduced production by let's say 5% and at the same time the oil price increased 40-50% on the remaining 95% of production. These guys are way ahead on their latest move in my opinion.

Terry,