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.
Strategies & Market Trends : Heinz Blasnik- Views You Can Use
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GraceZ who wrote (3790)12/15/2003 12:38:22 PM
From: Box-By-The-Riviera™  Read Replies (2) of 4909
 
trotsky's reponse to your question:

oh well, why quibble over a percentage point here or there...it doesn't change the main points, namly that the crack-up boom engendered in China via a hitherto unrelenting credit expansion has created a malinvestment orgy. also, the fact remains that the allegedly strong US economy is a hollow shell on the brink of collapse.
the reports you recently sent me actually prove this beyond a doubt, even though i don't agree with all their conclusions.
the next phase of the downturn will imo be the consumer recession that we've escaped thus far with mainly the help of the mortgage credit bubble and the expansion in the federal and state deficits.
the only question is imo whether it will again be a 'muddle through' 'soft depression' type of downturn or a fully fledged meltdown.
my vote is for meltdown at this stage, but i remain openminded in principle about it.
btw., note that the recent 'recovery' in Japan owes its existence to - you guessed it - the introduction of hedonic indexing to the government's economic statistics. iow, there is only a statistical recovery, not an actual one. and contrary to the assertions by the Japanese govt., this is NOT an 'international practice'. it's only a US practice, and now a Japanese one as well. i imagine the parasiticians are very grateful for this invention...we'll never have a 'downturn' again, LOL.
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