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 : Ask Mohan about the Market
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zeev Hed who wrote (6881)11/3/1997 9:52:00 AM
From: tekgk  Read Replies (1) of 18056
 
>> "big labor union leader"

No chance. You are clearly an intelligent person, the fact that you came to that conclusion troubles me. I guess that is the problem with this sort of a forum where the conversations are necessarily short. You never really get to fully develop a complete argument with references etc. Another problem is that sometimes it is easy to be misinterpreted. For example, I have noticed several arguments for US leadership in industries that I did failed to mention. I had meant this to be a rather small point against mystical thinking and supremacy arguments. I have an extreme personal distaste for supremacy arguments because I find that supremacy arguments lead to demise or worse yet, evil regimes. It was Japan's supremacy thinking that caused a failure to see a stock market bubble caused by inflated real estate. It is just this sort of thinking that is common in the popular press and with politicians today. This sort of thinking will cause us to fail to see that our own stock market bubble that was caused by a bubble in foreign lending and investing. If a country can see it's weaknesses and can act to correct them then we are all better off. Fortunately I think that Greenspan can see the problem. That is why I am calling for a correction of another 10% or so (after a few more days of reflex rally) rather than a complete melt down. His ability to monitize debt temporarily at this critical juncture could very well produce a reasonably soft landing. He has tough problems and market psychology could swing against him very easily - which make predictions very difficult.
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