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.
Non-Tech : Derivatives: Darth Vader's Revenge
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Peter Singleton who wrote (22)9/3/1998 10:32:00 AM
From: Henry Volquardsen  Read Replies (1) of 2794
 
Peter we have been having similar discussions on the currency thread. Subject 20640

There are certainly risks to the financial system and I would not be surprised to see the current downturn become quite nasty. I also think the situation in the emerging markets is going to continue to worsen. But markets change and history mat repeat but it never repeats precisely. One thing to remember was that the Great Depression got as bad as it did not because the equity markets collapsed, that was just a spark. The depression became so severe because of a series of idiotic policy actions through out the world. Also much of what is happening in Asia is because of the over investment that occurred in the 80s. I posted about that earlier today on the currency thread. The US did not have a similar situation. Also there is a very real revolution in technology that is powering the US economy. Much of the Asian investments that are causing trouble were in older technologies.
So while I recognize that we are in a very volatile if not revolutionary period, I believe the long term underlying fundamentals for the US are actually quite good. That doesn't mean things can't get screwed up. But if I have to chose what I think the long term holds I side on being more optimistc for the US. However I am aware of the risks to that scenario.

Henry
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