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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (103937)5/22/2001 2:39:44 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
that's the big question...can the excesses and imbalances increase even more? there are only 2 variables one needs to consider: confidence, and the law of large numbers. the former can break anytime, but it's hard to say when. the latter is a more immutable limit (referring specifically to the exponential expansion in credit creation). no-one knows where exactly the limit is, but there definitely IS one, and we must be close.

re. the dollar, imo the longer it stays at these lofty levels, the harder it will come down in the end. especially as it's being held up by a rare confluence of factors that have divorced it from the fundamentals.