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 : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Nevada9999 who wrote (149981)	3/6/2009 5:27:14 PM
From: maxncompany	Respond to of 313662

Stop using common sense. Economists don't like common sense.

To: Nevada9999 who wrote (149981)	3/6/2009 6:50:43 PM
From: Valuepro	Respond to of 313662

"As Faber puts it an economy without recessions is like a person that never sleeps. Greenspan mostly did the opposite." You are so right. I recall that we were due for a recession when George HW Bush took office. In fact, the wisdom at that time was the recessions usually occur in the first term of a new Republican administration following a Democrat one. Some were saying prior to HW's taking office, "It doesn't matter who wins this election, his name will be Hoover." Well, HW put off the expected recession, complicating matters for Clinton. We should have had an ever worse recession under Clinton, but he managed to put it off too. Then, it was GW's turn. With the minor and short-lived recession in the Tech Wreck, he too managed to stave off a thoroughly cleansing recession TO THE END OF HIS ADMINISTRATION. O'Bama (St. Paddy's Day's O'comin'), from the time he was elected has been driving this correction to it's depths, because every time he or his economic henchmen opens his/their mounth/mouths the market takes another hit. Point is, Greenspan and company kept us moving ahead with complete disregard for the healthy cleansing effect of periodic recessions. Each delayed recession makes the following inevitable correction that much worse. Now, for those history experts here, there were a few minor corrections in the period mentioned above, but they hardly rate as recessions at all.