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 : Mish's Global Economic Trend Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CalculatedRisk who wrote (3966)4/8/2004 5:02:35 PM
From: yard_man  Read Replies (2) of 116555
 
the problem is the starting pt --

increase fiscal stimulus here??? we've had nothing but --

I think the contary is what we need -- we need massive liquidation, rationalization of bad debts, we absolutely NEED bankruptcies and a contraction.

OTW -- we are just continuing to paper over HUGE IMBALANCES that already exist -- we cannot maintain an EQUILIBIUM as we aren't at a stable pt in the first place -- we can't drift down to EQUILIBRIUM either -- it's just too blame far away.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext