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 : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (3966)	4/8/2004 5:02:35 PM
From: yard_man	Read Replies (2) \| Respond to of 116555

the problem is the starting pt -- increase fiscal stimulus here??? we've had nothing but -- I think the contary is what we need -- we need massive liquidation, rationalization of bad debts, we absolutely NEED bankruptcies and a contraction. OTW -- we are just continuing to paper over HUGE IMBALANCES that already exist -- we cannot maintain an EQUILIBIUM as we aren't at a stable pt in the first place -- we can't drift down to EQUILIBRIUM either -- it's just too blame far away.

To: CalculatedRisk who wrote (3966)	4/8/2004 7:30:11 PM
From: Jim Willie CB	Respond to of 116555

withdrawing easy credit will cause massive recession the trouble is that any recession will feed upon itself hasnt anyone figured out why the ANTI-RECESSION law was passed? because a recession will never end its gained momentum would depend on which mistakes would follow in policy decisions do you really think the economy can stand up while real estate prices retreat? the sad fact is that we will see car sales retreat, AND housing sales/prices retreat, EVEN IF we continue the present course check Japan in 1989 the sad fact is that we saw a massive stock bust IN THE MIDDLE OF massive monetary expansion in 2000 we will get a bond bust eventually, from our foreign credit dependence they have tough calls with currency exposure Japan had no such obstacle and they failed / jim