CNBC -- critique. Message Board

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Pastimes : CNBC -- critique.

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To: Margaret Mateer who wrote (7497)	3/16/2001 3:45:31 PM
From: opalapril	Read Replies (2) of 17683

Glib comparisons like yours to the Great Depression offer more entertainment than enlightenment. If you were to consider for a brief moment the vast differences between 1929 and 2001 in terms of world peace, politics, trade, currency regulation, financial institutions, public health, nutrition, communications, and a host of other contributors to the economy and investment environment, it should be readily apparent there is no basis for comparison. I'm sure you can muster plenty of better arguments against going long in this market, but flippantly suggesting we are on the cusp of a world wide Depression is not one of them.

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