User 111929

Better Than the Depression? Don't Kid Yourselves

I think we are on the brink of a depression. In all my years of watching this economy, as well as others, I haven't seen anything with so many negatives.
Money it seems, has lost it's mistique. What is a dollar really worth???
It appears to me, that the excesses of the past 25-30 years have finally caught uo to us. The economic clock has to be reset. Valuations have to come back in line with salaries and pay. We have gotten way ahead of ourselves on the cost and ability to pay concept, on a global level. It appears that we naeed a "time out".