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.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: pezz who wrote (3689)5/17/2001 5:56:00 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
Pezz:
This makes good and substantial reading. Will make sense to you too I hope:

imes.boj.or.jp

re <<I didn't pay too much attention to Japan at the time so I may be wrong about this but didn't they wait quite a bit before cutting rates? >> you may think different afterwards.

dj



To: pezz who wrote (3689)5/17/2001 11:35:55 AM
From: TobagoJack  Respond to of 74559
 
Yes Pezz, all in good fun.

On Japan, being ahead of the curve or behind the curve can not make too much of a difference, except in reasonable time to recovery. The timing of the rate cuts cannot possibly explain away a decade long recession.

Japan's severe banking problems were a function of the bubble, not the cause of the bubble's bursting.

The political will to intervene, repeatedly, is necessary, as no government can possibly allow so many banks to collapse.

I will stay with my explanation for 1929 and Japan 1989, as noted in response to CB's post.

Message 15813707

We just need to look for that $6 O-ring, but we certainly do not need to leave our money on the table while looking.

Chugs, Jay