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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (15323)	12/21/2001 8:43:55 AM
From: byhiselo	Respond to of 99280

<<Greenspan's obsession with thinking he can manipulate the market place>> i thought no one was bigger than the market? greenspan will learn this lesson, nothing personal...just bidness, i really think the man has become less than economically astute (if he ever was) remember the story of the anglo-saxon king, in order to prove to his courtiers that he was not all-powerful, had them carry him to the seaside and commanded the waves to stop...we sorely need such humility in high places today cheers

To: LTK007 who wrote (15323)	12/21/2001 2:51:35 PM
From: Jim Willie CB	Respond to of 99280

possible seeds of disaster, yes but if so, then will be felt in late 2002 imho and very much in 2003 perhaps the wild card is oil/gas and energy market if it can gain traction without price spikes, then we win time reminds me of SMU Econ Professor Ravi Batra his main premise behind US economic decline is chronic overproduction and excess debt eventually the inventory stacks up high, no money to chase it resulting in deflation hitting a major cycle we could see it in 2003-05 just like Japan now in fact, I think the initial effect of Japan's climax will be lower supply costs, just like in 1997 then in next stage, the overcapacity catches up to us excess is seen now in computerdom, telecom it will be interesting to see if it hits entire economy for the record, I have thought Greenspan to be a hack ever since 1998 when he brokered the LTCM bailout from that point onward, pure ragtag faulty monetary policy he has been fighting inflation for 7 yrs since 1994 all the while, deflation has gathered forceful momentum and his forecasts have a 30% correct record, if that very mediocre for a central bank in leader nation analysis is replete with heretic tenets e.g. growth breeds inflation e.g. lower employment breeds inflation e.g. shallow policy of managing economy via interest rates / jim