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 : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (54974)9/6/2001 8:30:07 AM
From: Victor Lazlo  Respond to of 77400
 
<<You still never answered my initial question as to why you believe we are on the cusp of a 3 to 5 year recession. >>

I did not say we are on the cusp of a 3 to 5 year recession. I said we could be on the cusp of a 3 to 5 year recession.

Again for your benefit I will repeat myself,
from my post 54953-

"Things are very bleak. Personal bankruptcy filings are going through the roof, as are corp Chpt 11's. Exports are falling off a cliff. You should look at some of the real raw data that are available. Things are not looking good at all. Some of these bleak trends just started showing up in the last couple of mos.

At the co I work at, you better be ready to write an essay to justify any air travel or hotel stays. And if you need to replace your laptop, there are hundreds in the closet over there to choose from, from all the laid off workers. No need to call Dell or Compaq to order new.

Anyone who thinks the economy is just taking a brief dip is not living in the real world."