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: yard_man who wrote (103507)5/20/2001 6:04:02 PM
From: KyrosL  Read Replies (5) of 436258
 
tippet,

many in this thread are forgetting that the USA is an extraordinarily endowed country in human and physical resources -- the former in no small measure due to our ability to attract the best and brightest scientific, engineering, and entrepreneurial minds from around the world. The rest of the world apparently is not forgetting this. That's one of the explanations of the dollar strength.

You say that the Fed and politicians will watch helplessly as the unemployment rate climbs into the double digits. I say: impossible. There are simply too many effective measures that can be taken to halt the downward spiral.

This does not mean that the stock market will not plunge more. I expect that stocks will reach much lower new lows later this year, but I doubt that we will see a relentless multiyear bear like that of the early thirties.

Kyros
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