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 Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (177658)	1/18/2009 4:36:05 PM
From: tejek	Respond to of 306849

you seem to already know the answers without doing any research, but for those interested, alan greenspan decided he didn't like the GDP numbers. he determined, unilaterally, that GDP growth should be higher than those being generated by the current math model. I am the want seems to know the answers already? You're the one who is claiming that the productivity gains of the '90s are bogus. That runs counter to most everything I've read on the subject. I will give you there was a bubble in the stock market but stock market isn't the economy. You'll have to excuse me if I am a bit jaundiced when it comes to SI posters who take positions that countradict common perceptions. Not saying you are wrong but I am not going to accept it to be true just because you say it is. CREDIT BUBBLES AND ASSET BUBBLES create lots of wealth for many folks - and they consider that "nice." Sure......but not all bubbles are the same. The housing bubble effected a lot more people than the stock market bubble in the '90s. That's why we are experiencing much more widespread pain. the full cost of those "good ole days" has not been fully paid yet. in the end, i believe the disaster will cause much more pain than clinton's and bush's bubbles caused joy. i hope i'm wrong. I hope you are too. ;-)