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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (23683)10/1/2002 5:50:05 AM
From: Maurice Winn  Read Replies (1) of 74559
 
<You should believe that I do not have a pessimistic view of the world at all, and so much less than excessive. >

Jay, unlike most of my posts, which flow okay, I got all tangled up with that one and deleted and rehashed and gave up and simply left it like that, thinking that my theory was very weak because you being pessimistic didn't really fit with the things I think I know about you.

Rather than abandon a theory simply because half the jigsaw didn't fit, I thought I'd simply leave it as a pretty good theory, making a good story, irrespective of the facts.

The good news about that link newsinsider.cjb.net was that there wasn't really any particularly bad news there. Just a bunch of trivia. Not a famine in sight, no nuclear bombing or even napalming or gas chambering or 30% unemployment or 6 day war or 4 year war, no battle of the Somme, no Pol Pot or Mao or Stalin with a bunch of Gulags. No bubonic plague with a third of the population gone. No comet killing 100 million people [or 1 billion]. No hyperinflation. No smallpox, cholera, typhus, malaria, AIDS [which seems to have done its worst though total numbers dying is still peaking] etc.

It's easy to forget just how bad news can be. Sure, we have road deaths [down to half what they were] and plenty of other mayhem, but with 6 billion of us struggling to figure out what the heck is going on, we are doing extremely well, relatively at least.

You pessimistic doomsters see bad news everywhere and fear even worse!

I just checked again at that news link and still couldn't find anything to really get me sweating. Sure, losing most or all of a 401K isn't ideal, but it's not like getting a call from the army that two of your three sons have been killed in action [or that smallpox has claimed 9 out of 10 of your family in San Jose - that's worse than unemployment].

Mqurice
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