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  • Seven Uncomfortable Predictions for the Economy [View article]
    Bubbles come and go. Recessions come and go. And maybe we will learn that a Depression will come and go.

    But remember, even in The Great Depression, the stock market was open for business, and there was business. Unemployment was high, but few starved. People helped each other and we survived it. And we did this even with banks cutting the money supply and many banks failing without the FDIC around.

    Sorry folks, but regardless of how bad it gets, and how many material things disappear from people's lives, the world is not ending, and we will come out of this ok.

    Those of you with your "guns and ammo" nonsense, have probably seen a few too many silly movies, and obviously have read far too little history.

    Don't worry; what you think may happen, is all just in your mind right now, and even if it gets here to some extent, it will be a great challenge, and you can tell your grand kids all about how you made it through and survived.

    Relax, and in the meantime, how are doing putting your money where your mouth is?

    Apr 01 03:39 am |Rating: 0 -2 |Link to Comment
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