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: Mark Adams who wrote (61600)	1/25/2001 12:58:43 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

a V bottom would be likely if the authorities were to allow a sharp slowdown clearing out malinvestment and bad debt. that seems however unlikely. admittedly it's a bit early in the game though to make an informed prediction. if i've learned anything over the years it's that the bubble is incredibly resilient, as all the vested interests are working hard to perpetuate it. a big argument against a V shaped recession is also the sheer size of the debt and associated malinvestment that has built in the course of the asset mania. so even if the authorities were to see the light and pursue a hands-off policy, it would likely take some time for all of this to balance itself out.