SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Ask Mohan about the Market

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rational who wrote (9607)11/27/1997 9:48:00 PM
From: Bearded One  Read Replies (1) of 18056
 
Sankar

Are you saying that avoiding deflations and recessions are just a matter of having the right agreements between nations? I think many people have problems with what you're proposing because it sounds like something for nothing.

At the bottom level, a bunch of people people invested in the wrong things, built the wrong houses, built the wrong plants, hired too many people. And we may have to pay for empty houses, underutilized plants, and useless workers. Is that or is that not what happened in Asia? And if that is what happened, how can we possibly help them without, at some level, hurting ourselves?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext