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.
Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (13793)8/16/1998 8:40:00 PM
From: DaveMG  Read Replies (1) of 152472
 
Mqurice,

If deflation is not an option how do you explain what is happening to commodity prices, prices of real, tangible goods? If the CRB drops just a little bit more it shall exceed 20 yr lows.Lack of demand for commodities caused by global economic contraction is leading to lack of income for commodity producers which is causing problems in Russia, Canada, Mexico, Arab countries, Indonesia, S. Africa, and the list goes on.In conjunction with the rising Greenback, these people have less money to spend and their creditworthiness diminishes. You can print all the money you want but someone has to lend it out.What happening is that there is a lack of qualified borrowers who are able to turn this credit into increased demand which is why all the money that's been printed is winding up in Euro and US financial mkts.I think we're now finding out this can't go on much longer without some alteration in this complex lattice of relationships.I'm certainly no economist but I'm willing to bet that 2% will turn out to be an overly optimistic number. It never ceases to amaze me that the same people who were claiming that high stock prices for American multinationals were justified because of their global nature now say that the rest of the world hardly matters..We'll see.

dave
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