Sr. Pessimist

What's Behind the Coming Market Crash?

That's probably the best gauge available. I remember how the realty associations were predicting things were going to continue to get better up through past the start of the subprime mortgage meltdown. There's a lot of free money flying around. That's hard to pass up making a statement for.

I'm a worker. I don't care if I have a pile in the bank and a pile available in credit. I don't care if I make a million dollars this month or a billion in a few months. I don't care if we give up dollars for seashells as a currency. I don't care if we can turn iron into gold and resort to trading oil commodity certificates to sustain currency-driven trade. Money is stupid to me. Work is valuable. I'm intelligent enough to see the forest for the trees. I'll work just to feel good about the work I did. I'll work to feel valuable.

The market of idiots who claim that they own the work of laborers can wither and perish. I don't care if the born-rich are doing poorly and they'd rather the entire country starve to death in a depression than give up their carefree lives. I don't care how much debt the US Government decides it wants to go in, hoping that the upcoming labor force is weakling enough to hang around and pay it off 'cuz we're s'bosed to.

My software work is valuable, even if the evil US Dollar is not. Plus, I doubly agree with the bubble #2 point in private equity. Too few valuable producers, too much currency chasing it to capture the wealth produced. The capitalist market cannot savagely attack like it has anymore. There are just too few good producers. I've been downright harassed my whole life just because I'm intelligent and a good worker. It now merely serves as a reminder that I'm a valuable worker.

The American dream is not to work, get better, prove your ability, expand your skills, and then work more and get better more. The American dream is to make everybody else do it for you while you do nothing and get all the stuff they made for yourself. That doesn't fly when there are too few "everybody else"s to "do it for you." Those "everybody else"s become the minority eventually. So let's take another look at bubble #2 and then compare American laborers and education standards to those of the international community. Right now, software and engineering are must-haves. We have very little talent in either. There are perhaps only a dozen aerospace engineers in the United States that can do a fluid system analysis right. And there is probably just one software engineer in the United States who has the talent to put large-scale commercialized video on mobile phones in a vastly economically feasible manner all on his own.