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Technology Stocks : NVIDIA Corporation (NVDA)
NVDA 223.990.0%Dec 13 4:00 PM EST

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To: John Pitera who wrote (1618)8/29/2018 12:01:39 PM
From: zzpat1 Recommendation

Recommended By
alwaysbmiki

   of 1647
 
My last sentence was "Rates aren't falling so we're okay." I said this because previous recessions came after rates fell (after a long string of increases). The Fed realizes it made a mistake, reversed course but it's always too late. A recession hit anyway.

Are you suggesting the Bush 41 recession was caused the S&L crisis? I'd suggest the fall of the Soviet Union was far bigger (less spending).

IMO, the S&L crisis was caused by deregulation. If deregulation hadn't happened the government wouldn't have had to make additional changes "after" S&Ls began to fail. Deregulation kills businesses fast. Note the airline industry, the telecom industry and of course banks. After each, we had massive drops in each industry and the three recessions - including the Great Recession (and the so-called dot.com recession).
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