Mark Jones wrote:
why is there this slowdown that the Fed can't help by reducing rates?
Because it's more of a 19th century slowdown than a post-WW II one, with a financial hangover from the burst Nasdaq/tech bubble, and a real sector one from overinvestment in gadgets. It's probably going to take some time to work through it.
Doug
- RE: Re: RE: relevance, (continued)
- RE: Re: RE: relevance, Mark Jones Thu 21 Jun 2001, 19:33 GMT
- Re: RE: Re: RE: relevance, Michael Perelman Thu 21 Jun 2001, 19:45 GMT
- Re: Re: RE: Re: RE: relevance, Doug Henwood Thu 21 Jun 2001, 19:54 GMT
- RE: Re: Re: RE: Re: RE: relevance, Mark Jones Thu 21 Jun 2001, 19:59 GMT
- Re: RE: Re: Re: RE: Re: RE: relevance, Doug Henwood Thu 21 Jun 2001, 20:09 GMT
- rate cuts, Jim Devine Thu 21 Jun 2001, 20:25 GMT
- RE: energy crisis, Mark Jones Thu 21 Jun 2001, 20:48 GMT
- Re: RE: energy crisis, Jim Devine Fri 22 Jun 2001, 00:35 GMT
- Re: relevance, Michael Perelman Thu 21 Jun 2001, 20:20 GMT