gooter

Financial Meltdown: Good Luck, Bad Luck, Who Knows?

Capitalism, by itself, bears out the true nature of a man. It can corrupt, motivate, teach, reward, and punish. When you learn to practice it beyond charts, cash flow, fundamentals etc., from a people perspective, you can enrich your life and the lives of others. Working for enrichment vs. money leads to a more fulfilling life.

Why I See Long-Term Deflation

i have a difficult time seeing how a population raised to spend will suddenly change their behavior. short-term, yes but long-term i cannot envision the US as a nation of savers. the dna in americans doesn't include frugality or long-term thinking. we will regroup, assume the govt. has got things going, and assume our historic method of operation. sad but true. inflation is inevitable with the freshly printed dollars wallpapering our nation and available for nothing.