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To: sourcery
So in a deflationary debt collapse such as we are about to experience ...

It hasn't been established that this will happen. What makes you think it will?

50 posted on 10/18/2003 6:59:41 PM PDT by Phaedrus
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To: Phaedrus
It hasn't been established that this will happen. What makes you think it will?

I don't have time to produce an essay or thesis on this subject. I will simply say that Austrian economic theory predicts it--as was also the case in 1929. You can do your own research from there.

59 posted on 10/19/2003 7:09:32 PM PDT by sourcery (Moderator bites can be very nasty!)
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