because at the beginning of last slump, 1990, the economic conditions were FAR WORSE than today's. Actually, the recession was triggered by massive employment loss. Today, despite all the problems we have, even the credit crunch, employment is doing very okay. If you weigh today's trouble with 1990's trouble, we are much less troubled today. I am not sure you personally experienced 1990, I did, that's why I know today's much better.
Despite the severity of last slump, it only took the market 8 years to start recover.
No, I don't think it's best case, just normal case
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回复:No, I don't think it's best case, just normal case
-pediatrician2-
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11/14/2007 postreply
16:20:13
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the only "innovation" I can think of in the next
-pediatrician2-
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11/14/2007 postreply
16:23:57
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See, how different we think! No. construction is not
-miat42-
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11/14/2007 postreply
16:30:41
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Innovation can't be printed out from thin air.
-Aceofspades-
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11/14/2007 postreply
16:36:18
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No problem because America has its VC structure
-miat42-
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11/14/2007 postreply
16:41:52
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We will need tons of luck to just have depression like Japan
-Aceofspades-
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11/14/2007 postreply
16:33:06
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Sorry, I don't see that happening. You too pessimistic:-)
-miat42-
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11/14/2007 postreply
16:36:30
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Sometimes I hate to be bearish,
-Aceofspades-
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11/14/2007 postreply
16:42:55
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hehe, we still have china, man! One of them will work.
-pediatrician2-
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11/14/2007 postreply
16:44:23
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In fact, both US and China will prosper but today
-miat42-
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11/14/2007 postreply
16:50:51
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But I suspect you are too bearish this time :-)
-miat42-
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11/14/2007 postreply
16:45:04
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Several candidates for new innovation:
-miat42-
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11/14/2007 postreply
16:28:35
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回复:Several candidates for new innovation:
-pediatrician2-
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11/14/2007 postreply
16:40:04
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hopefully, some companies will find near-cure drug
-pediatrician2-
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11/14/2007 postreply
16:50:59
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You know what? The longer the bio bubble doesn't come
-miat42-
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11/14/2007 postreply
16:53:58
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are u sure this statement?
-山高月小-
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11/14/2007 postreply
19:05:33