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 : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: RMF who wrote (36770)	9/3/2009 10:31:04 PM
From: Peter Dierks	Read Replies (1) \| Respond to of 71588

My grandfather made a lot of money trading stocks in the thirties. I believe his broker did as well.

To: RMF who wrote (36770)	9/4/2009 6:10:16 AM
From: DuckTapeSunroof	Read Replies (2) \| Respond to of 71588

Re: "Yes, I've also read many articles about how the stock market had some great runs early in the depression of the 1930s. Very familiar to what we've seen in the markets lately." When the stimulus (government spending, lowered capital reserve requirements for the banks, accomodative interest rate policy from the Fed) was WITHDRAWN a bit too early... America (& the world) tumbled right back into recession, and the Great Depression was doubled in length. Only the stimulative government spending on the World War finally pulled America out of the Depression (but spiked our national debt to 20th. Century highs....) It is a delicate balancing act that must be managed... many trade-offs.