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Re: War is good for the economy 

By: Zimbler0 in POPE | Recommend this post (3)
Mon, 11 Jun 12 6:40 AM | 72 view(s)
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Msg. 60588 of 65535
(This msg. is a reply to 60581 by killthecat)

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KTC> There was no stock market collapse under Clinton.


KillTheCat,
You might be able to 'selectively remember' . . .
But I know.

I remember vividly what happened to my 401K
(and the rest of the stock markets) in 2000.

It was ugly.

Zim.




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Mad Poet Strikes Again.


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The above is a reply to the following message:
Re: War is good for the economy
By: killthecat
in POPE
Mon, 11 Jun 12 3:29 AM
Msg. 60581 of 65535

ZIM:

There was no stock market collapse under Clinton. See charts below. The Nasdaq bubble created in 1999 blew up in 2000 causing a tech panic. The stock market did not collapse regardless of what Annie tells you.

Nasdaq:

http://en.wikipedia.org/wiki/File:Nasdaq_historical_graph.svg


Stock market. See the third chart:

http://www.academycomputerservice.com/economics/charts.htm


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