SI
SI
discoversearch

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: Victor Lazlo who wrote (123353)4/10/2001 1:33:42 AM
From: Skeeter Bug  Read Replies (2) | Respond to of 164684
 
>>So why would you think you are the only rational person in the country?<<

i don't. but i know equity is down at historic lows. i know that we've been in a very big real estate boom with expanding market prices.

you tell me how you reconcile these two events? you just said folks went out and spent a bundle in another post to me. now you are arguing people didn't do that.

i agree that the sole focus on savings i misplaced. we live in a complex world. there are MANY dynamics at work and the savings rate is only one. MASSIVE debt is another. UNSUSTAINABLE market valuations disconnected from the underlying economic fundamentals. the govt selling a lie. companies have free reign to mislead and misdirect at will. the masses love it.

these are not positive. the ever dwindling savings rate is just one hole in this growing dam.