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


To: tejek who wrote (457443)2/18/2009 1:15:57 PM
From: i-node  Read Replies (3) | Respond to of 1576381
 
>> Normal? You consider the worst recession since the Depression
as normal?

Let's not get ahead of ourselves.

At this point it is not the worst recession since the Depression. It may become that but it is nowhere near it at this point.

And yes, recessions and depressions are "normal" in every sense of the word "normal".

As surely as we have earthquakes, volcanos, tsunamis and hurricanes, we will have recessions and depressions from time to time. And like those natural disasters there is little or nothing that can be done to stop them. You may be able to improve the situation on margins (much as you can evacuate areas of a hurricane before the fact). But you can't stop it.

And they aren't "caused" by something someone did.

What did anyone do that caused the Great Depression?



To: tejek who wrote (457443)2/18/2009 2:06:29 PM
From: jlallen  Read Replies (1) | Respond to of 1576381
 
You are drinking the Kool-Aid...

Its not the worst recession since the depression. That's crapola. Its hype....an excuse for spending that should enver happen...

J.