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Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?

To: chip who wrote (4024)	10/1/2002 11:58:32 PM
From: Box-By-The-Riviera™	Respond to of 10157

absolutely. in time.

To: chip who wrote (4024)	10/2/2002 12:04:14 AM
From: velociraptor_	Respond to of 10157

Not every bubble collapse has led to a great depression. What I am suggesting is that the credit expansion involved in creating and fueling the bubble will be wiped out before a new bull can begin. However, the symptoms from the effect of the bubble popping, I do not know to what degree they will play out. In 1929, the symptoms were severe as we know. We just might end up in a depression similar to that period. The 72 year cycle would suggest the odds are pretty good. Or we may experience symptoms of lesser degree. We have a lot more checks and balances in the economic system that could help soften the blow, but in truth I have no idea how we will fare.