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 : Booms, Busts, and Recoveries
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: smolejv@gmx.net who wrote (18003)4/10/2002 9:01:08 AM
From: AC Flyer  Read Replies (6) of 74559
 
You're starting to sound like the other debt wackos, DJ.

So you got a couple of spam e-mails. Big deal. It's two years now since the Nasdaq crash and there has been no significant economic impact. Personal bankruptcies and consumer loan charge-offs are within the normal range. Housing affordability is near record highs. Interest rates are low and likely to stay that way for a while. Productivity is at levels not seen since the golden years of the 1950s. The US economy is growing with little sign of inflation (excepting the median CPI from the Cleveland FRB, which is at ~3%, so what).

This obsession with some kind of impending economic crisis is not rational. The doomsters and debt wackos are projecting their own negative values, imo. There are a lot of bruised male egos out there that lost a bunch of dough in the Nasdaq crash and are taking refuge in the idea that it was "not their fault," that it was a force majeure, that the same thing is about to happen to everybody else which will absolve them from responsibility for their own stupidity.

One more thing. Why do you care? Germany had negative productivity in the 4th quarter of 2001. Shouldn't you be more concerned that your own country is sliding towards banana republic-hood?
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