Comments on: LUCY VAN PELT ON THE FINANCIAL CRISIS.

By: Mary Jane Schaefer

Mary Jane Schaefer — Thu, 15 Jan 2009 16:40:15 +0000

Lucy Van Pelt also had this to say about her bout with the flu:

Other Person: Yes, I hear a lot of that is going around.
Lucy: But this is different. It’s happening to ME.

By: Annalisa

Annalisa — Fri, 09 Jan 2009 04:17:37 +0000

Essentially, I agree with Lee.

I wish I’d answered this as soon as I had the answer, because I was pondering this question in bed the other night after I read it. Alas, I remained in bed. Now I can’t remember the wording of my answer that well. I would say, though, that I have always assumed ups and downs would occur in markets… I don’t know where I got this assumption, but it’s a pretty old one. Trying to examine it now, I would say that ups and downs occur because of new products that take off or fail, old products that continue to sell well or to falter, and companies that acquire each other or don’t. Then there are the world events (notably disasters… do GOOD things affect markets as much as natural disasters and human-made attacks?) that affect markets.

If I remember the answer I came up with the other night while waiting for sleep, I will post it here.

By: ANSWERING YESTERDAY’S QUESTION. | Pater Familias

ANSWERING YESTERDAY’S QUESTION. | Pater Familias — Wed, 07 Jan 2009 20:23:55 +0000

[...] QUESTION (COMMENT). Lee Bryant took on the question that I repeated yesterday, commenting here that “I think the occasional big downturn has to happen.” and added that he had thought that [...]

By: Lee

Lee — Tue, 06 Jan 2009 22:05:56 +0000

I think the occasional big downturn has to happen. Even when I was really ignorant about economics I didn’t think economies (no matter how advanced they might be) could build steam forever. I doubt I could have given a real reason for this belief.