Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (27911)	1/26/2003 6:35:20 PM
From: LLCF	Read Replies (1) of 74559

<I think busts follow bubbles, not booms. > LOL. Oh... now we have to define those! :) Let's go back to olden days when booms [bubbles? whatever] were created by such things as endless forests to cut down for 'free'... then when they were gone... pooof. The bad times... errosion... no ship building... yuk. It wouldn't take much imagination for one to chalk up the entire "American Centurie[s]" to free resources including land. Let's face it... there's just way too much going on in real life to claim to know definitive and measured causation in Economics in general. By defenition. DAK

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