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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (435799)11/19/2008 5:02:53 PM
From: Tenchusatsu  Respond to of 1574029
 
Ted, > What you're saying may well be true but the shakeout could take years and there could very well be a depression during the interim.

This is the inevitability that I'm preparing for myself. A bailout will only prolong the inevitable.

Although I'm a pragmatist and would advocate engineering a softer landing, I don't think ANYONE in Washington has a clue as to how.

Tenchusatsu



To: tejek who wrote (435799)11/20/2008 7:28:12 AM
From: Brumar89  Respond to of 1574029
 
You, Z, and Chris all say the same things - layoffs will be tough on those laid off. True. But companies going down the tubes have to do it anyway.