Tack

Dow Target 6,617, October 25, 2009: Here Is Why

With all the "brilliant" comments here on why things are so hopeless (I forgot, "it's different this time"), I'm waiting for somebody to cite Thomas Malthus, that there's not enough food or resources to support man, and we're all soon going to die.

The reality seems to be that when some people have experienced bad personal economic events, they project their negativity to all others and out into the future, as far as they can see. History suggests that this isn't a productive view.