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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Charles Tutt who wrote (47073)	5/21/2001 10:57:09 PM
From: Ian@SI	Read Replies (1) \| Respond to of 70976

Charles, If we get out of the bursting of the Internet bubble without a recession, then Greenspan's genius title remains intact, IMO. Several trillion dollars of paper wealth have gone to money heaven / hell; and from an economic perspective, growth in GDP has slowed substantially but not stopped; we're still at full employment as defined by economists; other central bankers of the developed nations around the world have been of little to no help. There was far too much excess capacity when Greenspan started tightening. Cutting back on the demand side sure wasn't any help. Easing isn't going to cause a wholesale addition of capacity any time soon, but he just might keep the consumer spending. ... and ultimately that will lead to a resumption of sustainable growth. Or so I hope, Ian.