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: David Howe who wrote (9198)	9/14/2001 3:56:27 PM
From: patron_anejo_por_favor	Read Replies (2) of 74559

War is good for the economy? ROTFL! Vietnam damn near bankrupted the U.S., it sewed the seeds for the inflation and dislocations that plagued us in the 70's. It's guns OR butter, dude...not both. As for the market, it remains horrendously overvalued, only more so because of Tuesday's events. Applying the props here will give us less to work with when we finally hit bottom, just like it's done in Japan the last 10 years. Ever heard of the "Peace Dividend"? That's been squandered, and now the economy's going to pay the "War Tax". Necessary perhaps...but NOT a boon to the economy. One more thought...this is a war in which operations and battles are conducted on American soil, in marked contradistinction to any historical precedent since the Civil War. That alone means any comparison to WWI or WWII is laughable at best. As for me, I will plant a tree for the dead...and buy a T-Bill for peace.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next