The Japanese Market is collapsing

[Final-Fan]

fkusumot said:

FishyJoe said:
I don't consider the dollar losing a third of its value part of the natural business cycle.

Why not? Really, I'm asking this as a serious question. I guess I'm asking for the underlying prolegomena of what is meant by "The Natural Business Cycle" and introduction and defnition of the terms that will be used for further discussing of whatever polemics you are advocating.

I mean really, why is this not a part of a natural business cycle?

When I see people saying "it's just the natural business cycle", I see them trying to say that the present goings-on are ORDINARY, as in "the economy isn't fucked". It's possible that I'm misinterpreting.

(At this point I am addressing many people and not fkusumot who I'm sure knows all the following) It's well-known to even the most casual and basic student of the economy (I'm talking high school here -- well, depending on what classes you took) that the natural business cycle of capitalist economies is boom-and-bust, which includes, obviously, the busts. It's the job of things like the Fed to mitigate the bad times, partially by reigning in the excesses of the good times without eliminating the good times. The Fed and others fell asleep at the fucking wheel, and a lot of that blame can certainly be laid at the feet of the Bush administration and therefore Bush.