Page 121 - Tech Bubble News Today

Part of the reason the 1990 recession didnt sink us totally? the red line right there. the red line went right up. 01, george w. bush is president. the country is rocked by the bursting of the tech bubble and 9/11. again, the economy heads into recession and again the thing that helps end that recession is that yellow line right there which goes up. so heres the mystery. what did all of those republican presidents do to help end the recessions that they faced? what did they all increase as presi...

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The red line went right up. 01, george w. bush is president. the country is rocked by the bursting of the tech bubble and 9/11. again, the economy heads into recession and again the thing that helps end that recession is that yellow line right there which goes up. so heres the mystery. what did all of those republican presidents do to help end the recessions that they faced? what did they all increase as president during those recessions? what do those lines represent? government jobs. governmen...

He eventually changed his mind at the exact moment by the end of the tech bubble. i would certainly bet on him ahead on the rest of him and i wouldnt bet a nickel on him getting it right the next time. >> john: so the market sorts it out? >> first the market does sort it out. markets are not perfect. they make errors. they are far better than committees of bureaucracy. second i think if government stopped monkeying with markets we would have lot fewer problems. >> john: this week i went on a boo...

Its all going to be okay. government has it covered. so very often in trying to stop these things they induce a lot more risk into the system. regulations, it makes us inefficient but it often gets it backward. >> john: one thing of regulators is the group can spot the next bubble and pull the plug before it happens. >> if they could, they should be doing my job. we try to make money by pricing things a little better but i have a lot of trump eight bureaucracy are going to predict the next bubbl...

The middle-class be saved" and it is by donald peck and it is one of the most important pieces you can read on the economy. if you go to our facebook page, we will have a link there so you can read it yourself. the important point of peck says that the crisis we are in shows the brutal underlying truth of the economy we have been in all along and the truth of uncovered by the refinancing of the homes and the low apr credit cards and the tech bubble and a truth that we can no longer run away from...

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Latest updates on this topic.

Latest updates on this topic.