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.

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

To: Ilaine who wrote (7451)	8/20/2001 1:31:22 PM
From: Mark Adams	Read Replies (1) \| Respond to of 74559

Thanks for your thoughts. I think you managed to convey quite clearly a view of events from the great depression era, and the importance of the global interlinks. After reading the pdf linked in a prior note, I concluded that there was much room for error in what the author attempted to do. In fact, the author spent the bulk of the paper explaining the methods and their shortcomings, a great service to the reader. He managed to convey the need for better metrics on investment and consumption flows quite clearly, but didn't breach the importance of that data on a global scale in today's world. 50 years from now, we might recognize this in a followup paper. So, his hypothesis that financial asset inflation occurred during the period, and subsequent deflation may have impacted main street holds interest but remains somewhat unproven IMO.

To: Ilaine who wrote (7451)	8/20/2001 2:50:35 PM
From: elmatador	Respond to of 74559

The US is the best income distribution machine in the world: Get those sought after dollars and distribute them to the countries that produce goods. If the countries are not clever enough to produce what the US market requires -like trying to export steel and textiles- the US goes there and put Goodyear factories for them to produce tires that an internal trader can sell everywhere. In doing so, the dollars keep circulating. My idea -in my unpublished book- was to get retired people from develoiped countries to establish themselves in condominiuns in developing countries. And for a hobby they would teach stuff to the locals, who would in its turn -seeing the bensfits- would not go stealing their SUV and golf cubs and tennis rackets. They would work part time since the other time they would be writing in the SI, grilling meat and drinking Gin Tonics. They would teach the locals how to run banks part time. How to run retailing companies. Teach the chief of police not beat the up the suspects but use some other civilized technique, and if it failed they could get a retiree from those mean forces the US have (OK that is for the extreme cases)and make the guy confess. Boy, some days I feel just like Jay.

To: Ilaine who wrote (7451)	8/22/2001 10:36:16 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi CB, I think your post is very useful, and gives insight for new direction of thought concerning what faces us. In the linked material, the two important questions are: (a) <<WHERE DID THE MONEY GO?>> (b) <<where did all that money come from? US GDP was around $100 billion/year at that time>> On (a), the money may have gone to where it originally came from, and on (b), the money came out of thin air. This may be the most striking similarity between 1929 and 2001. The country names change. The policy prescriptions may change. The need to unwind the financial stress remain the same. Chugs, Jay