In a message dated 99-01-26 10:54:00 EST, you write:

<< Also isn't consumer debt reaching levels where increasing consumption
 further will be difficult, at best?
 
 
 Bill
  >>

What will make consumer debt even more dangerous is the bills wending their
way through Congress which will end bankruptcy as we know it.  More and more
people have been declaring bankruptcy which writes off past debt and allows
them to engage in new consumption.  Once they are unable to write of past
debt, they will also be unable to engage in new consumption..... maggie
coleman [EMAIL PROTECTED]



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