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.
Politics : PRESIDENT GEORGE W. BUSH

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Neocon who wrote (116670)12/15/2000 7:21:10 PM
From: oldbox  Read Replies (1) of 769670
 
There are many cause's of recessions. The type you are referring to is the "Inventory Induced" type. I believe we are heading to on that is not going to be traced to a single cause, but a combination of them:
1- High Dollar valuation which will cause a flight of foreign capital.
2- Wealth contraction as the Techno Bubble continues to pop.
3- Debt right offs by banks and corporations that financed the Tech build out and Credit Card give a ways.
Capitalism teaches us many things, and to me "the more things change, the more they remain the same..."
If you look at the recessions in the late 1800's they were not Inventory Induced, but Debt, Dollar or Asset induced.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext