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.
Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (16466)1/14/2007 10:57:49 AM
From: Rarebird  Respond to of 71588
 
>>As far as the RECESSION --- RECESSIONs are a NORMAL part of the business cycle. To be expected and handled in non-exceptional manner.<<

Economically and financially, the US economy is in a situation where the powers that be dare not slow the US credit machine down even slightly. They know well enough that any such move would augur in the US recession. With a third of the US economy credit generated, any substantial credit slowing would open the doors to a US economic depression to exceed anything experienced in US history.