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otraque

10/19/04 10:30 AM

#311509 RE: AKvetch #311486

In typical Greenspeak BS he manages to bottomline saying he sees no debt problem without a big drop in income or equity.
Which this he sees as most unlikely.
This is the summatiom that Bloomberg TV is flashing over and over and over.
He gives all things that would be worrisome but in Greenspeak goes rambling on as to say why one should NOT worry about these worrisome aspects.
As ALWAYS Greenspan circuitous delivery leans heavily with a let's Bubble motif and spoonfeeds the "what me worry" herd with all they want to hear.
As Dr.MarcFaber says "he is a virtual criminal". I have IMMENSE respect for Dr.Faber based on his 35 years of his demonstratable accuracy in trend analysis.