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 : US Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: gpowell who wrote (57)	6/9/2008 12:43:38 PM
From: John Vosilla	Read Replies (1) \| Respond to of 97

I came to believe a while back the housing meltdown would not create a global catastrophy, depression or even deflation.. That we are 2.5 years into it and still not officially in recession yet speaks volumes. It sure helps that our government always reacts the complete opposite of the Hoover adminisrtation in a time of panic and that whenever we have a misallocaiton of capital and subsequent bust it is never across the board in all industries.. Stock market in general is flat this decade in nominal terms and in real terms already down 80% with no overhang outside of housing and financials from the gogo days.. Next bubble is probably in alternative energy..Misallocaiton of capital and financial ruin for most investors always results in creative destruction of capital on the backside for the betterment of mankind?