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 : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Paul Berliner who wrote (912)	10/16/1998 12:27:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 3536

Paul, We have just come through a period of extrodinary growth in this country....fostered by improved effiecncies, brought on by the computers and 2 wage earning families....etc, etc. Why can't the country go into a period of slower growth and reduced profits and productivity without causing a major recession, melt downs or reduced credit squezes. [I do understand the extenuating international circumstances of today] I don't understand "boom and bust" economic fascinations. What is so important about beating last quarters earnings 25%++ time and time again. Wonder why economists and market players cannot accept 3-5% as acceptable quality growth and very sustainable. Yes the companies you mentioned are going to drop earnings, but they just made a bundle in the last 25 years. You maybe correct about a difficult recession, but I've never understood the way success is measured by this perception that unlimited growth is the best growth and the tremendous importance placed on it. Chip