Comments on: Making sense of the tech meltdown on Wall Street
Why did typically stable SAP lead the way into the cellar? The normal rules of the high-tech industry's economics may not apply as the overall economy seems to unravel.
Why did typically stable SAP lead the way into the cellar? The normal rules of the high-tech industry's economics may not apply as the overall economy seems to unravel.
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At least, that's how it usually works.....]" can be reversed; and, here is how - Have the big guys invest in "agriculture" for (food and fuel) as people always have to eat and travel - it is called "economic diversification".
The Clinton Administration in their Campaign Slogan a few years ago said it best - "It's The Economy - Stupid" So, lets do the ECONS:and Re-Engineering: 401
It's all in the mind share/mind set!
It's all in the mind share/mind set!
- by Earl Benzar October 7, 2008 9:35 AM PDT
- The media really needs to start being more responsible. Using terms like "economy unraveling" (which is what was on the splash page for this article) just serve to place people in a state of despair. The economy is not going to unravel. Yes this is a deep recession, but so what? We had one in 2001 and we recovered from that, and we will recover from this one as well. In 2001 we cleared out bad behavior in the tech sector. This time we are clearing out bad behavior of Wall Street and in the Government oversight and regulatory areas. Ultimately this will create a better overall economy, which is far from "unraveling."
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(5 Comments)BTW, when the market hits bottom, buy the good companies.