Quote:
Originally Posted by marketsmart
BLAH BLAH BALH.... no one is an expert here, including myself and i make my living trading forex...
the reality is, that no one knows what will fix what is going on right now... we are a global economy now and what we are witnessing is something like the butterfly affect...
things could get really bad... total collapse, famine, war, death....
or, things may right themselves over time...
my father says that human beings never make change until they feel a lot of pain...
it amazes me that 100's of thousands of people aren't marching on the capital right now..
but, i am not marching... and although i feel like marching, my pain hasnt reached a point to where i feel like standing up for myself...
i saw a man, woman, and child hitchiking tonight... they were clean and didnt look like bums or drug addicts.. they had a couple carry on luggage bags... i wanted to stop and give them some money, but i didnt have any cash on me..
i could have gone to the atm and come back to see if i could find them, but i didnt..
i had the chance to make a difference and out of laziness or whatever, i didnt..
i have a feeling that i will see a lot more of this in the future and next time i will do what i should have tonight...
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The economy will only get worse until they solve the root of the problem. Income needs to be higher than expenses and the gov't shouldn't spend money it doesn't have. Bonds are the most retarded idea I have ever heard of. If you can't afford it, then why pay twice as much for it in the future?
On a side note though, standard of living is higher now than it has even been. There is more opportunity and wealth possible even now. People tend to loose sight of that I think.