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gerhard7
The painful truth is, wherever you are, the stock market isn't the real economy and, ultimately, it's the real economy that helps keep all this froth afloat and a good many of these numbnut talking head hucksters in clover.
MY RESPONSE to gerhard7
I like you mentioning "the real (for me: WORKING-CLASS) economy" which are NOT DEEPLY AFFECTED by the vagaries of the financial place as they're NOT RICH, SPECULATIVE INVESTORS especially from the NATO/EU nations who will be "losing their shirts" in this SEVERE ECONOMIC CONTRACTION due to A FALLING GLOBAL DEMAND (which has been gradually happening these past few years) where today's "temporary" INFLATION will be replaced by DEFLATIONARY PRICING+CHEAP ENERGY ($20 a barrel of oil - AT BEST) on account of A LOT LESS OF ECONOMIC ACTIVITY.
EVERYTHING WILL BE SLOWING DOWN not just our overconsumption.
THE WORLD WILL BE PUT "ON PAUSE" as we regroup + learn to live with a lot LESS - in today's Rich countries - 75% LESS. Here come the 4-day work week + SPENDING MORE TIME WITH FRIENDS + FAMILY. Yahoo! (Ha! Ha!)
NO MORE HUSTLE + BUSTLE. :D
Ken, Toronto, CANADA