SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: PaulM who wrote (15004)7/29/1998 8:35:00 AM
From: Oak Tree  Read Replies (1) | Respond to of 116759
 
I don't see alot of bad debt. Companies have not overextended, and are not borrowing against virtual stock market values. Property values for most americans are starting to increase, but in most of the USA and indeed the world, they have been nearly constant for several years. Japan of course is the exception where values have fallen.

Most people have jobs that support the level of debt they have. Most companies have loans at reasonable levels and rates. I don't see deflation - I see the possibility of inflation since people have jobs and inexpensive homes with low interest rates. Low expenses and money in the bank could lead to inflation if imports weren't so cheap. Inflation will depend on recovery of the rest of the world.

I was speaking to some friends in Toronto. They couldn't be happier that the Canadian $ is down almost 10% against the US$. They are making money on international trade that is helping that contry. Maybe the rest of the world will soon recover against the US$.