garykline

15 Reasons Why Stocks Are Falling

After I was 9/11'd out of my engineering job the only post-graduate school I could find that did distance learning in my field was in the UK. The dollar-pound exhange rate then was ballpark 1.40:1.00. Now it is closer to 2:1. Several thousand dollars fled our economy and it's the same for folk who prefer, say, French wine or Czeck beer.

I've only been in-the-market for 45 years, so factor that in; but it seems to me that the longer we throw a billion here and a billion there, it <I> will </I> [continue to] add up to real money. That cost is having the unintended consequences of dragging the US ever further into the mire. Our government isn't the sole wastrel here. Anyone who buys a new gas guzzler is flipping off the rest of us. As I see it, it's time to start conserving where possible. The downward drift is going to continue simple because it is deserved. About the only thing that will save us is to start acting responsibly. Pointing a finger of blame strengthens only one muscle. We need to strengthen many others.


Gary Kline
Sr System Admin
Thought Unlimited </A>