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Strategies & Market Trends : Waiting for the big Kahuna
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To: Monty Lenard who wrote (28350)9/19/1998 11:07:00 AM
From: Skeet Shipman  Read Replies (2) of 94695
 
Hi Monty,

In most basic terms, recessions are the result of over capacity, over construction, and over abundance. Where one spends their way out of a recession depends on its stage and severity, the demographics and propensity to save, and the productivity and infrastructure of the economy. THERE IS NO ONE FORMULA. The IMF 's focus on fiscal monetary policies can lead to horridness results. Where one spends their way out of recessions should not be a matter of political philosophy.

(Rapid advances in technology produce periods of over abundance and over capacity.)
Skeet

PS: Bill my indicators are negative.
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