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To: tmp02
The result: U.S. consumers, who are in debt up to their eyeballs, will get pounded.

So, since I have no debt that means I'll prosper?

13 posted on 11/23/2004 5:18:09 PM PST by Thermalseeker
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To: Thermalseeker

The result: U.S. consumers, who are in debt up to their eyeballs, will get pounded.

So, since I have no debt that means I'll prosper?




Not if your savings accounts or other assets are denominated in dollars. Short term, dollar may bounce up because of all the recent negative hype (nothing new to anyone one with eyes open the past few years), but longer term, "watch out below".


23 posted on 11/23/2004 5:27:57 PM PST by Blue_Ridge_Mtn_Geek
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