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: Oblomov who wrote (96594)	8/24/2008 10:41:34 PM
From: TH	Respond to of 110194

Oblomov, Nice post. <Buffett looks upon the postwar period (1945-1960) as a golden age; in reality, the prosperity existed only in a vacuum of economic competition (USSR and China rigidly communist, Europe and Japan destroyed) that will likely never be repeated.> I share that view. I think the end of the 60's was a real turning point. Vietnam, expansion of social programs funded by debt, and completion of the dream of the fallen king with the moon landing. Downhill ever since. GT TH