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.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Zoltan! who wrote (49045)	2/17/2001 5:58:42 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 77400

you're missing the point: rates were lowered fast and furious, far outpacing any price declines and leading to lower real rates. point was it didn't matter then, it hasn't mattered in Japan, and it seems not to matter here now.

To: Zoltan! who wrote (49045)	2/17/2001 7:31:39 PM
From: Eric	Respond to of 77400

Zolt I think that what is interesting is the confluence of events that made the depression worse than it should have been. Around the turn of the century (1900) something like 85+% of the population worked and lived on farms. In the 20's it was something like 35% if my memory serves me correctly. When the dust bowl showed up farms were destroyed and farmers couldn't make payments and a lot were kicked off their land. Some of my friends relatives went through this back then. Banks didn't have insurance from the Government and you know the rest of the story! If we were to have a collapse today a lot of things would have to melt down at the same time. It is very interesting listening to people who went through those times. We are fortunate to be living today. Eric