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IWETHEY Home / IWETHEY Board / Open Forum / That is a worry
Post #47,170
by ben_tilly
7/27/02 10:04:25 AM
Reply
New That is a worry
Nobody really knows how much of an impact on the real economy Wall St can have. Some think it is not very much. Some think a lot. As for me..I admit ignorance. I lean towards thinking that Wall St takes itself too seriously, and shouldn't worry about causing the overall economy to implode. But I don't know.

Cheers,
Ben
"... I couldn't see how anyone could be educated by this self-propagating system in which people pass exams, teach others to pass exams, but nobody knows anything."
--Richard Feynman
Post #47,309
by drewk
Picture of drewk
7/29/02 9:25:46 AM
Reply
New The reason Wall Street takes itself so seriously ...
... is because so many other people keep telling it to. It's just like popularity: People are popular because they are popular. As soon as the general consensus is that someone is no longer popular, they're not. IOW Wall Street has influence because Wall Street has influence.
===
Microsoft offers them the one thing most business people will pay any price for - the ability to say "we had no choice - everyone's doing it that way." -- [link|http://z.iwethey.org/forums/render/content/show?contentid=38978|Andrew Grygus]
     Is the "real" impact of the Stock Market fall... - (gdaustin) - (16) - July 27, 2002, 12:59:09 AM EDT
         That is a worry - (ben_tilly) - (1) - July 27, 2002, 10:04:25 AM EDT
             The reason Wall Street takes itself so seriously ... - (drewk) - July 29, 2002, 09:25:46 AM EDT
         Telecom corridor - (ChrisR) - (3) - July 27, 2002, 02:15:58 PM EDT
             Denver too - (tuberculosis) - July 27, 2002, 05:00:47 PM EDT
             Just like Houston and oil - (SpiceWare) - (1) - July 28, 2002, 11:27:23 AM EDT
                 Or Denver and Oil Circa 1989 - (tuberculosis) - July 29, 2002, 07:30:19 AM EDT
         Conditions 2002 != 1929 - (Ashton) - July 28, 2002, 06:56:33 AM EDT
         I can tell you why Siemens is cutting jobs... - (inthane-chan) - (8) - July 29, 2002, 11:29:21 AM EDT
             Siemens enterprise and carrier divisions - (boxley) - (7) - July 29, 2002, 11:41:04 AM EDT
                 Possibly. - (inthane-chan) - (6) - July 29, 2002, 11:54:21 AM EDT
                     Whoa! No Sh*T! - (boxley) - (4) - July 29, 2002, 12:03:42 PM EDT
                         I bloody well wish I was a paranoid delusional... - (inthane-chan) - (3) - July 29, 2002, 12:13:28 PM EDT
                             This is M$-grade crap. - (Ashton) - (2) - July 29, 2002, 04:22:54 PM EDT
                                 Technically, it's not under duress. - (inthane-chan) - (1) - July 29, 2002, 05:09:08 PM EDT
                                     Then: publicity is the direction. ___Daylight glare. -NT - (Ashton) - July 29, 2002, 05:29:46 PM EDT
                     Knowing what to offer: - (mhuber) - July 29, 2002, 11:59:47 PM EDT

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