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.
Politics : DON'T START THE WAR
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: PartyTime who wrote (687)1/10/2003 1:24:14 AM
From: Jorj X Mckie  Read Replies (1) of 25898
 
I didn't say anything about trickle down. My point is that the economy does not respond meaningfully in an immediate manner to any stimulus, good or bad. Its like when you take an aspirin for a headache. Your headache doesn't go away the moment you put the aspirin in your mouth, it takes a little while to get absorbed into your system. Same as when you eat a bad bit of meat, you usually don't feel the food poisoning for a few hours.

And where the events of 9/11 certainly hastened selling in the stockmarket and affected parts of the economy, I believe that it prolonged the bear market or made it worse in anyway. I do think that the efforts to save the market and economy as a result of 9/11 *did* cause more damage and prolong the bear market. But that is a different conversation.
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