Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (419973)	9/25/2008 6:12:27 PM
From: TimF	Read Replies (2) of 1572637

It may be that we are probably do for a recession, and likely not a very mild one. The bailouts may delay this, perhaps quite a bit so it seems like avoiding the issue, but I think in the long run they make things worse. Maybe certain specific strategic interventions could be beneficial, but that doesn't mean a hundreds of billions or a trillion dollars is a good idea. Also I'm not so sure that the government is particularly likely to be so careful and well targeted with any money it does use to intervene. It may be better just to take the hit and get it over with. Go in to a recession, we've lived through them before, and we will again, and have the mess over, or at least mostly over.

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