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socratttParticipant
SDR and PR, you both bring up some very interesting and valid points and both arguable to some extent.
It’s no surprise that we all pretend to understand the current crisis or predict where it will go, but at the end of the day we could all be wrong. To argue SDR’s point just for a moment, I think there are some core differences of growing up with very little on a steel worker’s income compared to a completely different generation where the young depend on their next social media fix.
There’s an obvious truth that doesn’t require numbers or statistics and that’s the fact that this generation relies heavily on the government and many lack the ability to survive on their own.
I own lots of land, plenty of metals, some grains and many other tools allowing me to survive any sort of crisis. But the truth is I don’t trust myself because I’ve never had to. I’m in my early thirties and worked solely from a computer my entire adult life. Would I cope? Maybe, but there’s no certainty as I’ve been lucky to have planted one tree and a couple of flowers since I was a child. Maybe I’m abnormal or maybe that’s most of the people in my age bracket. We’ve just grown up in an entirely different generation.
I certainly didn’t grow up with a silver spoon. In fact I supported my poor mother at the age of 12. But truthfully I don’t even call that struggling. America gave me the ability at 12 to thrive and survive. Those same tools are slowly dwindling for many and the real question is what will happen if America really does take a turn for the worse? No one has the answer, but I will say that everyone better stock up on their Xanax because there will be a high level of young, anxious people in this country if something does go wrong. Could you imagine no Facebook or Twitter? I wouldn’t be able to see what my buddy John had for dinner or read another has been Charlie Sheen tweet.
socratttParticipantSDR and PR, you both bring up some very interesting and valid points and both arguable to some extent.
It’s no surprise that we all pretend to understand the current crisis or predict where it will go, but at the end of the day we could all be wrong. To argue SDR’s point just for a moment, I think there are some core differences of growing up with very little on a steel worker’s income compared to a completely different generation where the young depend on their next social media fix.
There’s an obvious truth that doesn’t require numbers or statistics and that’s the fact that this generation relies heavily on the government and many lack the ability to survive on their own.
I own lots of land, plenty of metals, some grains and many other tools allowing me to survive any sort of crisis. But the truth is I don’t trust myself because I’ve never had to. I’m in my early thirties and worked solely from a computer my entire adult life. Would I cope? Maybe, but there’s no certainty as I’ve been lucky to have planted one tree and a couple of flowers since I was a child. Maybe I’m abnormal or maybe that’s most of the people in my age bracket. We’ve just grown up in an entirely different generation.
I certainly didn’t grow up with a silver spoon. In fact I supported my poor mother at the age of 12. But truthfully I don’t even call that struggling. America gave me the ability at 12 to thrive and survive. Those same tools are slowly dwindling for many and the real question is what will happen if America really does take a turn for the worse? No one has the answer, but I will say that everyone better stock up on their Xanax because there will be a high level of young, anxious people in this country if something does go wrong. Could you imagine no Facebook or Twitter? I wouldn’t be able to see what my buddy John had for dinner or read another has been Charlie Sheen tweet.
socratttParticipantSDR and PR, you both bring up some very interesting and valid points and both arguable to some extent.
It’s no surprise that we all pretend to understand the current crisis or predict where it will go, but at the end of the day we could all be wrong. To argue SDR’s point just for a moment, I think there are some core differences of growing up with very little on a steel worker’s income compared to a completely different generation where the young depend on their next social media fix.
There’s an obvious truth that doesn’t require numbers or statistics and that’s the fact that this generation relies heavily on the government and many lack the ability to survive on their own.
I own lots of land, plenty of metals, some grains and many other tools allowing me to survive any sort of crisis. But the truth is I don’t trust myself because I’ve never had to. I’m in my early thirties and worked solely from a computer my entire adult life. Would I cope? Maybe, but there’s no certainty as I’ve been lucky to have planted one tree and a couple of flowers since I was a child. Maybe I’m abnormal or maybe that’s most of the people in my age bracket. We’ve just grown up in an entirely different generation.
I certainly didn’t grow up with a silver spoon. In fact I supported my poor mother at the age of 12. But truthfully I don’t even call that struggling. America gave me the ability at 12 to thrive and survive. Those same tools are slowly dwindling for many and the real question is what will happen if America really does take a turn for the worse? No one has the answer, but I will say that everyone better stock up on their Xanax because there will be a high level of young, anxious people in this country if something does go wrong. Could you imagine no Facebook or Twitter? I wouldn’t be able to see what my buddy John had for dinner or read another has been Charlie Sheen tweet.
socratttParticipantSDR and PR, you both bring up some very interesting and valid points and both arguable to some extent.
It’s no surprise that we all pretend to understand the current crisis or predict where it will go, but at the end of the day we could all be wrong. To argue SDR’s point just for a moment, I think there are some core differences of growing up with very little on a steel worker’s income compared to a completely different generation where the young depend on their next social media fix.
There’s an obvious truth that doesn’t require numbers or statistics and that’s the fact that this generation relies heavily on the government and many lack the ability to survive on their own.
I own lots of land, plenty of metals, some grains and many other tools allowing me to survive any sort of crisis. But the truth is I don’t trust myself because I’ve never had to. I’m in my early thirties and worked solely from a computer my entire adult life. Would I cope? Maybe, but there’s no certainty as I’ve been lucky to have planted one tree and a couple of flowers since I was a child. Maybe I’m abnormal or maybe that’s most of the people in my age bracket. We’ve just grown up in an entirely different generation.
I certainly didn’t grow up with a silver spoon. In fact I supported my poor mother at the age of 12. But truthfully I don’t even call that struggling. America gave me the ability at 12 to thrive and survive. Those same tools are slowly dwindling for many and the real question is what will happen if America really does take a turn for the worse? No one has the answer, but I will say that everyone better stock up on their Xanax because there will be a high level of young, anxious people in this country if something does go wrong. Could you imagine no Facebook or Twitter? I wouldn’t be able to see what my buddy John had for dinner or read another has been Charlie Sheen tweet.
socratttParticipant[quote=briansd1]
I’m not saying that bailouts were the best things to happen or that they were fair. I’m just saying that they worked in restoring economic growth.[/quote]
Brian, that’s a very bold statement. Robbing Peter to pay Paul doesn’t really justify “restoring economic growth”. Looking back to 2008 I’d still say America made some very poor choices that we’ll have to carry the burden of for years to come. Failure is not allowed in America, which is a problem. I believe we learn from mistakes, whether big or small. Printing money and handing it out so that we continue our giant spending spree will merely stall a larger problem.
Minus the 4-5 months after October 2008, we’ve had 2 years that would make any investor proud. Considering that was one of the lowest points in American history I think something is missing. Where was the pain or suffering? Bailing out those that didn’t do the right thing set a huge precedence in this country.
I don’t think Arraya truly wants the markets to collapse. I don’t think anyone wants to see that, but the inevitable is there if this country doesn’t make some very big changes. Look what’s going on in Wisconsin. People are getting very angry in this country and that’s not going to stop anytime soon. If you think riots are far fetched on US soil, think again. We aren’t immune to problems in this country even if our politicians believe failure is not an option. Sometimes in life failure is the only solution.
socratttParticipant[quote=briansd1]
I’m not saying that bailouts were the best things to happen or that they were fair. I’m just saying that they worked in restoring economic growth.[/quote]
Brian, that’s a very bold statement. Robbing Peter to pay Paul doesn’t really justify “restoring economic growth”. Looking back to 2008 I’d still say America made some very poor choices that we’ll have to carry the burden of for years to come. Failure is not allowed in America, which is a problem. I believe we learn from mistakes, whether big or small. Printing money and handing it out so that we continue our giant spending spree will merely stall a larger problem.
Minus the 4-5 months after October 2008, we’ve had 2 years that would make any investor proud. Considering that was one of the lowest points in American history I think something is missing. Where was the pain or suffering? Bailing out those that didn’t do the right thing set a huge precedence in this country.
I don’t think Arraya truly wants the markets to collapse. I don’t think anyone wants to see that, but the inevitable is there if this country doesn’t make some very big changes. Look what’s going on in Wisconsin. People are getting very angry in this country and that’s not going to stop anytime soon. If you think riots are far fetched on US soil, think again. We aren’t immune to problems in this country even if our politicians believe failure is not an option. Sometimes in life failure is the only solution.
socratttParticipant[quote=briansd1]
I’m not saying that bailouts were the best things to happen or that they were fair. I’m just saying that they worked in restoring economic growth.[/quote]
Brian, that’s a very bold statement. Robbing Peter to pay Paul doesn’t really justify “restoring economic growth”. Looking back to 2008 I’d still say America made some very poor choices that we’ll have to carry the burden of for years to come. Failure is not allowed in America, which is a problem. I believe we learn from mistakes, whether big or small. Printing money and handing it out so that we continue our giant spending spree will merely stall a larger problem.
Minus the 4-5 months after October 2008, we’ve had 2 years that would make any investor proud. Considering that was one of the lowest points in American history I think something is missing. Where was the pain or suffering? Bailing out those that didn’t do the right thing set a huge precedence in this country.
I don’t think Arraya truly wants the markets to collapse. I don’t think anyone wants to see that, but the inevitable is there if this country doesn’t make some very big changes. Look what’s going on in Wisconsin. People are getting very angry in this country and that’s not going to stop anytime soon. If you think riots are far fetched on US soil, think again. We aren’t immune to problems in this country even if our politicians believe failure is not an option. Sometimes in life failure is the only solution.
socratttParticipant[quote=briansd1]
I’m not saying that bailouts were the best things to happen or that they were fair. I’m just saying that they worked in restoring economic growth.[/quote]
Brian, that’s a very bold statement. Robbing Peter to pay Paul doesn’t really justify “restoring economic growth”. Looking back to 2008 I’d still say America made some very poor choices that we’ll have to carry the burden of for years to come. Failure is not allowed in America, which is a problem. I believe we learn from mistakes, whether big or small. Printing money and handing it out so that we continue our giant spending spree will merely stall a larger problem.
Minus the 4-5 months after October 2008, we’ve had 2 years that would make any investor proud. Considering that was one of the lowest points in American history I think something is missing. Where was the pain or suffering? Bailing out those that didn’t do the right thing set a huge precedence in this country.
I don’t think Arraya truly wants the markets to collapse. I don’t think anyone wants to see that, but the inevitable is there if this country doesn’t make some very big changes. Look what’s going on in Wisconsin. People are getting very angry in this country and that’s not going to stop anytime soon. If you think riots are far fetched on US soil, think again. We aren’t immune to problems in this country even if our politicians believe failure is not an option. Sometimes in life failure is the only solution.
socratttParticipant[quote=briansd1]
I’m not saying that bailouts were the best things to happen or that they were fair. I’m just saying that they worked in restoring economic growth.[/quote]
Brian, that’s a very bold statement. Robbing Peter to pay Paul doesn’t really justify “restoring economic growth”. Looking back to 2008 I’d still say America made some very poor choices that we’ll have to carry the burden of for years to come. Failure is not allowed in America, which is a problem. I believe we learn from mistakes, whether big or small. Printing money and handing it out so that we continue our giant spending spree will merely stall a larger problem.
Minus the 4-5 months after October 2008, we’ve had 2 years that would make any investor proud. Considering that was one of the lowest points in American history I think something is missing. Where was the pain or suffering? Bailing out those that didn’t do the right thing set a huge precedence in this country.
I don’t think Arraya truly wants the markets to collapse. I don’t think anyone wants to see that, but the inevitable is there if this country doesn’t make some very big changes. Look what’s going on in Wisconsin. People are getting very angry in this country and that’s not going to stop anytime soon. If you think riots are far fetched on US soil, think again. We aren’t immune to problems in this country even if our politicians believe failure is not an option. Sometimes in life failure is the only solution.
socratttParticipant[quote=Rich Toscano][quote=socrattt]
You just made me laugh out loud!! You can go to http://www.ifluffnumbers.com and I have next weeks lottery numbers up there as well. If you think for one moment that inflation is dormant you may need a psychiatric evaluation.You’ll be riding your bicycle to the store to pick up your $10 gallon of milk and $7 loaf of bread by the end of year and you’ll still turn to your inflation data site thinking it’s a “whole lot of nuthin”. That’s just pathetic that you even put that link on here. They must have an app for that![/quote]
Totally weak reply… he brings data, you bring a personal attack. Raise the bar! If you think the data he cites is invalid, bring your own data to the table and explain why, don’t just call him names.[/quote]
Rich, I got the data, I just don’t have time to post it. And I don’t really call his information data.
Unfortunately my time is important with the kids especially on the weekends hence my 30 second (no data) verbal attack. The good news is I know you got my back. It is your forum for goodness sake :).
socratttParticipant[quote=Rich Toscano][quote=socrattt]
You just made me laugh out loud!! You can go to http://www.ifluffnumbers.com and I have next weeks lottery numbers up there as well. If you think for one moment that inflation is dormant you may need a psychiatric evaluation.You’ll be riding your bicycle to the store to pick up your $10 gallon of milk and $7 loaf of bread by the end of year and you’ll still turn to your inflation data site thinking it’s a “whole lot of nuthin”. That’s just pathetic that you even put that link on here. They must have an app for that![/quote]
Totally weak reply… he brings data, you bring a personal attack. Raise the bar! If you think the data he cites is invalid, bring your own data to the table and explain why, don’t just call him names.[/quote]
Rich, I got the data, I just don’t have time to post it. And I don’t really call his information data.
Unfortunately my time is important with the kids especially on the weekends hence my 30 second (no data) verbal attack. The good news is I know you got my back. It is your forum for goodness sake :).
socratttParticipant[quote=Rich Toscano][quote=socrattt]
You just made me laugh out loud!! You can go to http://www.ifluffnumbers.com and I have next weeks lottery numbers up there as well. If you think for one moment that inflation is dormant you may need a psychiatric evaluation.You’ll be riding your bicycle to the store to pick up your $10 gallon of milk and $7 loaf of bread by the end of year and you’ll still turn to your inflation data site thinking it’s a “whole lot of nuthin”. That’s just pathetic that you even put that link on here. They must have an app for that![/quote]
Totally weak reply… he brings data, you bring a personal attack. Raise the bar! If you think the data he cites is invalid, bring your own data to the table and explain why, don’t just call him names.[/quote]
Rich, I got the data, I just don’t have time to post it. And I don’t really call his information data.
Unfortunately my time is important with the kids especially on the weekends hence my 30 second (no data) verbal attack. The good news is I know you got my back. It is your forum for goodness sake :).
socratttParticipant[quote=Rich Toscano][quote=socrattt]
You just made me laugh out loud!! You can go to http://www.ifluffnumbers.com and I have next weeks lottery numbers up there as well. If you think for one moment that inflation is dormant you may need a psychiatric evaluation.You’ll be riding your bicycle to the store to pick up your $10 gallon of milk and $7 loaf of bread by the end of year and you’ll still turn to your inflation data site thinking it’s a “whole lot of nuthin”. That’s just pathetic that you even put that link on here. They must have an app for that![/quote]
Totally weak reply… he brings data, you bring a personal attack. Raise the bar! If you think the data he cites is invalid, bring your own data to the table and explain why, don’t just call him names.[/quote]
Rich, I got the data, I just don’t have time to post it. And I don’t really call his information data.
Unfortunately my time is important with the kids especially on the weekends hence my 30 second (no data) verbal attack. The good news is I know you got my back. It is your forum for goodness sake :).
socratttParticipant[quote=Rich Toscano][quote=socrattt]
You just made me laugh out loud!! You can go to http://www.ifluffnumbers.com and I have next weeks lottery numbers up there as well. If you think for one moment that inflation is dormant you may need a psychiatric evaluation.You’ll be riding your bicycle to the store to pick up your $10 gallon of milk and $7 loaf of bread by the end of year and you’ll still turn to your inflation data site thinking it’s a “whole lot of nuthin”. That’s just pathetic that you even put that link on here. They must have an app for that![/quote]
Totally weak reply… he brings data, you bring a personal attack. Raise the bar! If you think the data he cites is invalid, bring your own data to the table and explain why, don’t just call him names.[/quote]
Rich, I got the data, I just don’t have time to post it. And I don’t really call his information data.
Unfortunately my time is important with the kids especially on the weekends hence my 30 second (no data) verbal attack. The good news is I know you got my back. It is your forum for goodness sake :).
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