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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (3648)	5/17/1998 12:27:00 PM
From: Jack Clarke	Read Replies (1) \| Respond to of 9980

Tommaso, What do you think of G8 wanting to force banks to continue to lend to bankrupt debtors? biz.yahoo.com Talk about a credit bubble! In my simplistic view, the central banks keep creating money, the banks keep lending it (often without regard to return of prinicpal), and the boom-bubble keeps expanding. When will it stop doing so? Do not currency valuations play a role? What about overcapacity of goods produced in such a bubble? (I admit to not understanding the big picture.) Jack