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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Alomex who wrote (122803)	4/3/2001 10:20:02 PM
From: H James Morris	Respond to of 164684

>Will 1929 happen all over again in this slump? I say chances are right now 1 out 10.... I think the chances are 1 out of a million. In 1929 they didn't have a 'Billy compound' where we all can go to if it gets that bad!

To: Alomex who wrote (122803)	4/3/2001 11:58:06 PM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 164684

Do you know that the 1929 recession was compounded by the Fed taking a stupid stance on the face of all economic data, much as Bush insists on passing a tax cut on budget surplus that in all likelihood won't be there five years hence? Besides the fact that the existence or non-existence of budget surpluses is far from out of the government's control (in a nutshell the secret is, "don't spend so frigging much!"), it would be quite ironic, if a tax cut triggered the next Great Depression, given that it was a tax increase that caused the last one.