Ask Michael Burke Message Board

STOCKTALK

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.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: yard_man who wrote (34608)	10/27/1998 9:53:00 AM
From: Mike M2	Read Replies (1) of 132070

Tippet, some people have to learn the hard way-that is why they invented tough love -it is fer those who don't want to listen. Market participants should listen to history look at the U.S. during the 20's look at SEA bubble which burst and look at how Japan's economy cannot be stimulated by lower rates. Every bubble in the past has collapsed it is only a matter of time. Depressions are a time to liquidate debt and capacity it is payback time for the excesses created during the prior boom. The Austrians believe that the boom/bust cycle is caused by Central Bank manipulation of interest rates instead of letting the market set rates. Remember supply and demand. The Austrians also believe that the world is in fer a most severe dose of tough love -it is unavoidable. The only question is when. Will believes the time frame is a matter of months. ho ho ho Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next