fran

It's 1974 for the U.S., but 1929 for China

JLOUNSBURY59--

bravo for your position. i have a suspicious mind. see my comment to FAWNPASS and WEBWATCHER. clarifying comments from them?


On Dec 09 02:01 PM jlounsbury59 wrote:

> Peter Cooper - - -
>
> The insulting comments do nothing to improve the discussion dialog
> of Seeking Alpha and little to help you critique what you have written
> in any meaningful way.
>
> That being said, the comparison of the Chinese socio-economic situation
> in 2008-09 to the U.S. in 1929-30 is very apt. Also, your discussion
> of how the Chinese government position on stimulus is positive compared
> to the Washington response (actually, lack of response) in 1929-30.
>
>
> On the weak side, you do not make a very good case in comparing the
> U.S. 1974 to the U.S. 2008. The biggest difference is the difference
> in deflationary/inflation... pressures. Also, the U.S. government
> response appears to be much different. The comparison of 1974 to
> 2008 deserves much more thorough discussion.
>
> And, as Matt Blackman pointed out, you made a little boo-boo on the
> timing of the Chrysler bailout. Such errors, although quite secondary
> to you thesis, detract from your credibilty. For example, I had my
> teeth handed to me by a couple of commenters when a typo in a data
> table said "2029" instead of the correct "1929". The typo occurred
> in a chronological listing, so was very obviously a typo. However,
> readers indicated that they feared trusting the rest of my data because
> of the typo.
>
> So Matt, pick up your teeth and try to do better next time. I did
> find some worth while thoughts in your article.