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 : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tommaso who wrote (14554)3/3/1998 6:33:00 PM
From: Don S.Boller  Read Replies (1) of 94695
 
RE; the comparison with 1929 (more on this)
Tommaso - It seems to me that there are many differences
between the eras...several which have been mentioned,
of course. In the 20's this country was heavily agrarian and
just beginning to flex the muscles of mass production manu-
facturimg. Most of the goods consumed were made "at home".
Today, as has been pointed out - we consume goods from
all over. (Last weekend I bought Brazilian lobster tails, and
Russian king crab claws). Drove to the store in a Toyota
RAV 4, etc., etc. From vcr's to clothing - we get goods from
abroad. I have three sons. One is still in college (studying
engineering) and working full time for a co. involved with
holography. The oldest is a rocket scientist (communications
design for the manned space-craft). The youngest is a software
testor for a local tech co. Point being - this is an entirely
different economy than the 20's....expect changed scenarios.
BWDIK
Don
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext