Thread: The strongest economy in the world
View Single Post
Old 10-06-2006, 04:42 PM   #42 (permalink)
Milkman
Gone Off
 
Milkman's Avatar
 
Join Date: Dec 2005
Location: shelf
Posts: 9,593
Milkman User spends way too much time on the netMilkman User spends way too much time on the netMilkman User spends way too much time on the netMilkman User spends way too much time on the netMilkman User spends way too much time on the netMilkman User spends way too much time on the netMilkman User spends way too much time on the netMilkman User spends way too much time on the netMilkman User spends way too much time on the netMilkman User spends way too much time on the netMilkman User spends way too much time on the net
Quote:
Originally Posted by kingwillyhggtb
Quote:
Originally Posted by Milkman

I'm no economist obviously, but there is debate on whether or not the U.S. economy will "crash."

The days of crashes are related to currencies, I believe (correct me if I'm wrong).
they were debating the same thing b4 the big crash in the early 80's and again in the 90's.
There was never a "crash" in the U.S. in the 1980s.

There was a correction in 1987, which was a 500 point drop, but the percentage was about 22% (?)

The term "crash" is a misnomer.

In 1929 there was a crash. And people jumpted out of windows because of Margin debt. Unemployment hit 25%

Quote:
its gonna crash - just cos everyone gets excited and trys to come up woith reasins why the market is different this time....
Even the contrarians aren't saying this. Some do say there will be a decline, or dip. Note* not necessarily just a correction.
__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

_____________
Milkman is offline   Reply With Quote
 
Page generated in 0.07725 seconds with 19 queries