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.
Microcap & Penny Stocks : Rat dog micro-cap picks--now moderated -- Ignore unavailable to you. Want to Upgrade?


To: Threshold who wrote (13)2/16/2004 10:04:12 PM
From: CusterInvestor  Respond to of 1338
 
Nice site, thanks for the link.



To: Threshold who wrote (13)2/17/2004 12:31:06 PM
From: MSI  Read Replies (1) | Respond to of 1338
 
Terrific article.

My imagination gets sketchy : "Imagine what the current relationship would look like if GDP collapsed 30% (as it did in the depression). "

Any thoughts on where to salvage value?

Even if we take for a moment the idea that structural/technological changes allow dramatically more responsive leverage on the upside, it doesn't necessarily eliminate the downside in a panic. And what a panic it would be if suddenly there's a collective "Wile E. Coyote" effect, with articles about debt levels in the good ol' days, like this one.



To: Threshold who wrote (13)2/19/2004 2:15:43 PM
From: Bucky Katt  Read Replies (2) | Respond to of 1338
 
That is a must read, along with the Marc Faber article. There is a lot of weight (debt) resting on the foundation of the US economy. Not to mention the derivatives.
If it starts to buckle it will be a mess.
Remember the Russian default a few years ago, and the subsequent take-down of Long Term Capital Management and then the massive bailout by the FED and the rest of the central banks in the world?
Something similar may well be worse the next time.

The last year has been so good, I am hesitant as to where to put the bulk of my funds right now.

Friday is an expiration day, things can change fast.