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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Earlie who wrote (82762)6/21/2002 10:16:52 AM
From: Zeev Hed  Read Replies (5) of 99280
 
I am not sure what you define depression, I would define it s a rate of unemployment exceeding 15% and a similar decline in GDP (maybe a threshold here of just 10%, quite disastrous by itself), and I do not see the conditions for such a calamity. Maybe we should agree first as to what are the end scenarios both of us are envisioning, then we can argue the probability that each scenario will evolve.

Zeev
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