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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Box-By-The-Riviera™ who wrote (58664)1/17/2001 4:50:48 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
if we repeat the early 30's wipe-out, industrial output should fall back to levels last seen in the mid '60's within two to three years. however, that's unlikely in view of a repetition of Smooth-Hawley not being in the cards.
but i wouldn't rule out that at some point in the supercycle bear industrial output will have dropped precipitously, and capacity utilization will shrink dramatically. overcapacity is already a big problem for many industries, and that's going to get a lot worse before it gets better.
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