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 : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: maceng2 who wrote (94292)4/15/2001 12:08:24 PM
From: Mike M2  Read Replies (2) of 436258
 
Pearly, there were many factors which exacerbated the Great Depression but IMO the most significant was the inevitable unwinding of the excesses engendered by the boom. A continuation of the credit excesses will not correct results of the past credit excesses - malinvestments. The IRS attaches wages of many Americans - I don't think paper millionaires gone bust deserve special treatment. They should have paid the tax due when the taxable event occurred. You should not construe my comments about TL & EV as my desired outcome it is my expectation based upon my study of history and economics. Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News