View Single Post
island911 island911 is offline
Information Junky
 
island911's Avatar
 
Join Date: Mar 2001
Location: an island, upper left coast, USA
Posts: 73,167
This culture of manipulating money to gain wealth has to end. All those who used their house equity as a cash-machine has ended. (Good) But, the bigger problem is all those in banking/govt who believe that they can manipulate the monetary system all the way to prosperity. Also, those boomers who think that they can ALL be taking their money out of the market w/o anyone noticing. All of those auto paycheck extractions to 401k's were great for the market on the way up. tic-tock, tic-tock.

Population concerns aside, Political uncertainty is right. The big Q's are;
will the recent poisonous, manipulative, complicated schemes be reversed by a change of political balance? (mid-term)
If so, will it be enough? Or are we Thelma and Louise with only half throttle, as we clear the edge of the cliff?


__________________
Everyone you meet knows something you don't. - - - and a whole bunch of crap that is wrong.
Disclaimer: the above was 2¢ worth.
More information is available as my professional opinion, which is provided for an exorbitant fee.
Old 08-27-2010, 03:03 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #19 (permalink)