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Re: Zeev Hed post# 79191

Saturday, 02/22/2003 9:58:04 PM

Saturday, February 22, 2003 9:58:04 PM

Post# of 704041
Zeev...

Very large deficit spending may help mitigate the depth or duration of the coming recession a bit, but I do not think it addresses the real problems of the economy which center on corporate debt, consumer debt, lack of demand, and too much capacity.

Consumer debt is the most important of those, and that will take time to heal.

Just my opinion, though.

mlsoft

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