[quote=FlyerInHi]If you are smart, you can do well regardless.
Remember that other people doing shitty doesn’t make you do better.
I agree that if you have good secure income; and if housing is depressed, you can accumulate cash and buy more. That’s an individual situation though.
I don’t want incompetent leaders who sabotage the economy like congress is doing right now.
When there is excess capacity, the key to economic recovery is creating demand. It’s stupid to let lack of money constrain economic growth.[/quote]
Agreed, but the Fed is not stimulating demand. The money is being fed to the top where it is traveling around the globe in search of the next bubble…and then sitting in tax shelters when profits are made. Supply-side economics is a failure. If this is the only thing the Fed knows, then we should get rid of the Fed.
