Silicon Investor (SI) -- The First Internet Community

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (15799)	9/4/2000 12:09:59 AM
From: LLCF	Read Replies (2) \| Respond to of 436258

Asian markets up a %.... la la la.... like butterflys. DAK

To: LLCF who wrote (15799)	9/4/2000 1:03:11 AM
From: patron_anejo_por_favor	Respond to of 436258

<<Other than trade with the soviets [still negligable] the only advantage I can think of for our economy is savings in defense spending... it seems impossible to me that the savings we've seen in defense spending justifies the returns in the stock market.>> It justified some of the runup since 1991, but history suggests these "peace dividends" typically get overspent. Witness the dividend resulting from the end of WWI (I believe that one got used up by 1929 or so....<G>)

To: LLCF who wrote (15799)	9/4/2000 11:09:42 PM
From: CYC	Read Replies (1) \| Respond to of 436258

David: When I consider the so-called peace dividends, I look at it from a different perspective besides international trades. I am reading an autobiography/history book, "A Bright Shining Lie," by Neil Sheehan. A book about America in Vietnam, powerful writing. I cannot help but contemplate about the states of mind of many American people in that era. Anxiety of war; distrust of government; uncertainty of life for soldiers and their families; casualties of war. All these added up, and I would imagine that might have contributed to the turmoil in the economic cycles during the 70s. Fast forward 2-3 decades. Soviet Union by itself was a house of cards in the form of absolute power, cruelty, corruption, ignorance, self-destruction, more or less in that sequence. When Gorbachev tried to maneuver a few cards at the bottom of the stack, it came tumbling down. Its collapse, IMO, has much less to do with the American ways than what some politicians are claiming for. Nevertheless, the sense of victory, dominance, and superiority could very well sink into the mind sets of Americans subconsciously, which help reinforce the complacency that we are witnessing everywhere today. Having said that, I am not accepting any of the new-era crap proposed by AG and other bubble masters. As I said earlier, when the economic, social, political, and psychological tides are out of sync, the game will be over. Just some foods for thought. I will leave the perception and judgment of these issues and their effects on the markets to the wisdom of each one of you.