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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (51078)	1/23/2006 9:03:14 PM
From: anachronist	Respond to of 110194

I've heard these words for the last thirty years I've been talking about the US economy, so why should the next 30 be any different!? Well, even a cursory reading of this message board would give you some arguments why but.... I find when time renders doomster predictions wrong, people just shout that the end is just that much nearer! ...given that this is your attitude, I doubt you would acknowledge them. Why are you engaging in a debate with people whose viewpoint you would not even consider?

To: GraceZ who wrote (51078)	1/23/2006 9:08:43 PM
From: Fiscally Conservative	Respond to of 110194

Grace Your posts are very intriguing and informative. You do a great job conveying your point of view and leaving the interpretation open for discussion and analysis. You are a fair minded soul and have my admiration and gratitude.

To: GraceZ who wrote (51078)	1/24/2006 5:07:48 AM
From: Mike Johnston	Read Replies (2) \| Respond to of 110194

I've heard these words for the last thirty years I've been talking about the US economy, so why should the next 30 be any different!? I find when time renders doomster predictions wrong, people just shout that the end is just that much nearer! Recession fighting reminds me of aggressive forest fire fighting. Recessions and stock market corrections are necessary to clear excesses and imbalances. Small, periodic forest fires are necessary to destroy excess brush and restore the nutritional balance for the trees. The more you fight the fire, the greater the chance and potential damage of the next one. At some point there so is so much dry brush, the forest must either die from the lack of nutrients or be destroyed by the fire. Eventually, instead of a small fire once a decade, once every 100 years you will get a fire so tremendous that it vaporizes forests across entire geographical areas. You get complete destruction and then a recovery process can begin. Grace, you live close to the forest full of thick brush which you deny exists, it's been 80 or so years since the last fire and you keep saying that another one is not possible, just because it's been so long and everything has been fine and the fire station with experienced personnel and plenty of equipment is located close by. It only means when the next fire comes it will much bigger than you can imagine. And if somehow the fire personnel is able to contain it as well this time, it will set the stage for something even worse down the road. To live in a healthy forest, we need periodic forest fires. Right now, after years of aggressive stimulation, choking with debt, the US economy is like a sick and dying forest, so imbalanced that a devastating fire is not only a certainty, it should be welcomed if we are ever again to live in a healthy forest ( prosperous free market economy with sustained and balanced growth and rising true wealth )