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


To: Tenchusatsu who wrote (782401)4/28/2014 4:05:31 PM
From: combjelly  Read Replies (1) | Respond to of 1577483
 
Depending on the component, the barrier to entry is pretty high. But yes. Those factories could be reopened. Eventually. Because you are mapping out a the precursor to a depression. We would have had 2 or 3 million more unemployed. It was a near thing as it was, but that would have almost certainly done it.

And then what? Remember, we had a financial crisis. Credit is still difficult to get, it would have been even worse if it had been a depression. So it would have been a deep hole to climb out of.