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Re: 1moodyblue post# 36360

Monday, 09/08/2003 9:18:27 PM

Monday, September 08, 2003 9:18:27 PM

Post# of 92667
moody, jmho, but the stock markets may soon undergo a heavy-duty correction, maybe even crash. It's called DEBT. World-wide debt. Last month alone the US consumer went $6B more in debt - and that's a consumer who is already up to his record-setting eye-balls in debt. The govt has, of course, record debt, and taking on billion more debt to build Iraqi schools, says the prez (lol), spell that QUAGMIRE. Spell it NO WMD. (I sure hope Bush is enjoying those french fries with his crow) Then there's the biggest-ever Trade Deficit. You got manufacturing going down the toilet. China has the manufacturing now (it may someday become unpatriotic to own Chinese companies if the neocons stay in power). Tech stocks at 40 times earnings, the FED printing record amounts of money to fend off deflation, etc. etc. etc.

Buy gold and silver - lol

Irons

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