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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Knighty Tin who wrote (214681)1/15/2003 12:48:07 PM
From: Tommaso  Read Replies (1) of 436258
 
Still looking, but got:

Liquidate: The most traditional, conservative response was the one offered by the longtime
Secretary of the Treasury Andrew Mellon: "Liquidate capital, liquidate labor, liquidate
everything." In other words, let the downturn in the business cycle run its course; get rid of weak
companies and inefficient workers. Not surprisingly, by the winter of 1932-33, with production and
employment stuck at about 3/4 of their 1929 capacity, this solution seemed increasingly less
attractive.
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