[fintstone]

Originally Posted by tabs

I have been telling you for a very long time...that the US is burning the candle at both ends, with monetary policy and deficit spending... They are buying being swell with those policies..Sooner or later it ain't gona be swell anymore..

Till the music stops you play the game..Equities are great, RE has also been good...the fix is in..You just have to ride the wave...

The American people by and large are broke...no savings, low wages and huge debt...2 pay checks away from being homeless, cant meet a $400 crisis... that is the consumer base for the Global economy...the fatted calf...

I was talking to a woman from NYC her husband was a Stock Broker till 2008 and she worked in the fashion industry...she said that if you are working a service job in NYC you can not afford to live there...cost of living is huge.. I told her my thoughts and she said I was right..

Yesterday a friend talked to a 23 year old guy working in an Antique Mall...never plans to own a car, or home...says he will never be able to afford them....NOW THAT'S PESSIMISM>>>but it is also real...now you know why Socialism and Bernie is so popular...and is going to gain traction.

You boyz talk about how swell it is..Ohh boy how great it is ....that is fine...cant tell you any different...so head on...you don't get it and you never will till either you have to get it or you will perish..

Now you see that has been part of the trajectory I have been talking about...You can't stop a Lemming from running to the cliff...and their own destruction...They won't listen..but you have a moral obligation to try...at least till you have exhausted every rational you can think of...then you have to wish them well on their journey...Bon voyage...that last step is going to be a beoitch..

I bought a nice house today. Cash purchase. I always planned to own a car and home. Times are so much better today than when I was young. Lots of jobs, opportunity for education, investment, ect.. It is not hard to make money.

A 24 year old that "never plans to own a car, or home" probably never will. Opting out of the struggle because it is hard will guarantee it. Sadly, some politicians help folks ruin their lives...because they have power over losers.