Booms, Busts, and Recoveries Message Board

STOCKTALK

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.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ilaine who wrote (5714)	7/8/2001 1:40:30 AM
From: smolejv@gmx.net	Read Replies (2) of 74559

Hi CB, yes, pleased to have it right with the first shot (g). I have been bantering about the US consumer as the best product US has to offer - everybody wants to have Jack & Jill Doe as customers. Now it starts to look at me, that given the fact US population in general is overweight, its not the lack of demand, it's the excess of supply which gives us heartburn. Tax break? Forget it, read Jay's "US tax break for dummies" post somewhere around here. It will certainly not pump up the demand. It will be probably quite some time before the excess capacities get either forgotten (destroyed, sold off at discount I don't know) or used to a sensible (ie profitable) degree. One more thing: if J&J Doe are to function like expected, they still need a job to perform their sacrosanct mission of consuming everything, that the world decided to produce - even to the amount slightly beyond their normal eating habits. I mean, unemployment in US is something hard to imagine, thus easy to push out of our minds. Except... if everybody just quit and spent 24 hours shopping instead? The only ones who would have to stay on the job, were the poor slobs at the FED, printing greenbacks. dj Now

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next