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.
Strategies & Market Trends : Stock Attack II - A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Captain Jack who wrote (28004)1/19/2002 12:18:05 PM
From: Steve Lee  Read Replies (1) of 52237
 
"it was A Gs exuberance in raising rates that caused the recession to be as long and deep as it is."

Interesting, I believe the recession has more to do with the easy money in the late 90's from low rates and generous VCs.

Demand went up at an unsustainable rate while companies had the OPM to expand as if the deamnd would continue to rise ad infinitum. This recession is the effect of the resulting overcapacity. Please explain how a rate rise can cause a recession where factory and fab utilisation are at lows and where consumer activity is still strong.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext