E Thomas St.

Green Shoots Are Poisonous to Your Wealth

Yeah, if only those Japanese were more positive, then they'd be fine. Do you have any more shallow pop philosophy tidbits to share with us?

On Jun 08 04:38 PM thiazole wrote:

> That has to be the most absurd thing I've every heard. 90% of the
> economy is psychological. The economy doesn't go bad to "punish
> bad behavior". If you don't understand that, then look into Krugman's
> analysis of the "Capitol Hill Babysitting Coop". It does a good
> job of explaining what you don't understand. If anyone was an economic
> terrorist, it would clearly be the pessimists who are trying to incite
> panic. The more people panic, the worse the economy will get. You
> can have all the fundamentals for a good economy and be in a never
> ending depression because of pessimistic psychology. Just look at
> Japan's economy.

2009 Depression Will Be Nothing Like 1929

I find it entirely ludicrous that among the plausible investment community in the United States, there are so many secular-apocalypse, societal-collapse, guns and gold are the only rational investment now and for the rest of your life, people here claiming to be the rational ones.

And to think that each one of those people prognosticating the fall are special and unique in surviving it...