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.
Technology Stocks : Intel Corporation (INTC)
INTC 38.80+1.7%10:38 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Amy J who wrote (130928)3/27/2001 7:48:37 AM
From: GVTucker  Read Replies (2) of 186894
 
Amy, RE: What types of things are used to fix an investment bust induced recession?

Well, we're kind of talking about uncharted waters here.

Most historical references are so different from out current circumstances to be dang close to irrelevant. Note that the fix for the most recent US investment bust recession was World War II. Thankfully, things are different enough now to hopefully not require this solution.

But the environment that exasperated that slowdown provides a good lesson. A number of foolish moves by our government (Smoot-Hawley was only one of them, but it gets the most press now) really made the malaise worse.
My main hope now is that our government stays the heck out of the way and lets the free market work its way through the cycle.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext