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.

Pastimes : QQQ & DIA - chat & chart -- Ignore unavailable to you. Want to Upgrade?

To: johnd who wrote (172)	11/7/2001 3:55:31 PM
From: Jon Khymn	Respond to of 795

That's a valid point. Guess I'm more of a pessimist. <g> Interest rate cut doesn't automatically reignite the economy. Japan is a good case study. Somehow we need to increase demand but we still have glut in supply side. (Gov't stimulas package could help) It may take more than a few quarters to cleans our whole economy system. Once the economy cool down dramatically like last year and this year, it usually takes more time to get off the ground again. There are some similarities between 1929-34 crash and 2000 crash of Nasdaq. Now that we are living in an era of global economy, we have to consider other industrial countries, too. I think we are heading into a global recession... I don't know if it make sense but this great advance of technology is part of the reason for severe down turn. US is so great, we can produce so much stuff so fast, demand just can't keep up with it. With over spending and over lending, I think next is the bank that could get hurt. Sorry for rambling on... these are just uneducated guesses only.