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.

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

To: i-node who wrote (463468)	3/13/2009 1:16:01 PM
From: combjelly	Read Replies (2) \| Respond to of 1578288

"The argument that demand has dropped because there is too much wealth concentrated in the hands of a few is an utterly absurd" Not really. Just look at history. Right before the Great Depression, the Long Depression and several others, you saw the same trend of concentrating wealth. Immediately following those events, it reversed and in all cases except for the Great Depression, took up where it left off until the next Panic. This isn't imaginary, nor it is absurd. It is what happened. "one akin to your notion that dumping a few carloads of salt into puget sound would cause some kind of environmental catastrophe." A misstatement of what I said. Given the number of times I've pointed this out, it has to be deliberate on your part. "We tried that throughout the 30s and it didn't help." Nonsense. Unemployment, while still high was dropping. Industrial production and other metrics were exceeding previous highs. The only metric that hadn't was exports. Because the rest of the world was still in dire straits. I know history isn't you strong point, but the facts don't back you up. No matter how many tables you pound with your shoe.