[Rain-maker]

This article should give you a better idea:

http://www.financialsense.com/Market/archive/2003/0716.htm

"Money has flown into the low grade corporate bond sector lowering the spread between high and low grade debt. This is allowing weak companies to refinance or add more debt which postpones the liquidation of the bubble economy’s malinvestments."

Check out too: http://www.prudentbear.com/

[boingo_temp]

"This article should give you a better idea: "

No offence intended, but a long time ago I stopped following links to 5,000 word articles on agenda sites in response to a simple question. FR’s loaded with lots of end-of-the-worlders. I sometimes like debating with them, but only if they can express themselves in their own words.