User 265729

Getting Ready for... Anything

debtacid:

I couldn't agree with you more. This was not the $700 billion from last week at work (yet).

I can't believe how foolish people can be... It is almost impossible to determine where and how to invest your money at this stage in the game. As an economist said on Bloomberg this afternoon, what we will see, at the end of this road, one of the largest overhauls of our economic system since World War II -- perhaps ever.

How can anybody foolishly invest in this environment? If you make money it will be pure luck. There are thousands of factors to consider, including:

1. Future government regulation

2. Consumer psychology post crisis

3. Global influence

4. Our position of strength, economically, post crisis

When I hear talking heads (more likely airheads) and others in the various media say, put your money here or there, you are buying stocks in pure B.S.

When the economist was asked several questions on Bloomberg he said, "Nobody knows." That is the most intelligent thing I've heard anybody say on television, the press or on the Internet.

Nobody knows.