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.
Technology Stocks : Full Disclosure Trading

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: michael97123 who wrote (557)5/9/2002 12:03:23 AM
From: Jacob Snyder  Read Replies (2) of 13403
 
re: 2002 vs. 1983:

I'm not sure there are any useful historical parallels to 1983. There is no parallel to the 1995-2000 mania, other than 1925-1929. But post-1929 isn't at all like post-2000, the world is completely different.

I am sceptical of the government's ability to accurately measure productivity, (or inflation, or other basic economic vital signs). The methods they use to derive these numbers, are absurdly complicated, often arbitrary, and change constantly. I think there are large and growing industries (like the entire health-care industry) where productivity is declining, and has been for many years. If there is productivity growth, it's concentrated in a few industries, very patchy, not a universal phenomenon.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext