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A charlatan makes obscure what is clear; a thinker makes clear what is obscure. – Hugh Kingsmill

Archive: April 27, 2000

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Daily link icon Friday, April 28, 2000

This is really cool! It's a brain teaser.

Daily link icon Thursday, April 27, 2000

I've been thinking a lot about "the coming depression" lately. I have confidence that it'll happen eventually... within my lifetime, definitely. It'd be nice if it didn't, but it seems like we're due for one. The economy will probably keep running down the tracks for a few more years, but after that... we'll see. I really liked the section I quoted in the Dvorak article below.

The thing that's unnerving is that you really can't do anything. It's not like when a hurricane is coming, when you can get sandbags, stockpile food and water, etc. Lulls in the economy last a lot longer than that, and I doubt there's any way to prepare for them. I'm trying to save up as much money as I can now, and there's no way I'd 'play' the market.

The Coming Depression, by John Dvorak.

"In fact, what we're witnessing is a period of prosperity and decadence that's reflected in the investments and the success stories. It has nothing to do with youth. The youth issue is bogus. If the stock market crashes and we go into a real bear market, all this talk will end. The dot-commies know that, and that's why they're so panicky during these stock market lapses. Watch them whine! Watch their eyes bulge! Despite the cockiness born of youth, even they know that they're playing in a house of cards."

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