Thanks for the trip report Jay. <... Besides, we do not get a choice on whether we want to play the great econo-financial game or not.
Not taking a position is in itself a position. We may lose in any number of exotic manners, by losing active income, missing passive gain, disappearance of quiet equity, government confiscation via rising taxation, or officialdom tithing through fiat money issuance/inflation.
In a fact, we are in a game where we do not make the rules, which can change without warning, with odds totally stacked against us winning, and where we are not allowed to quit.
Can you picture the fun:0) Ready, set, go! >
It is a lot of fun. No longer can people, even in places faraway from everywhere, such as NZ, live in happy cocooned segregation from the madness of mobs. Agricultural life 100 years ago meant that 80% of the world's population was more or less independent of the other parts, living age-old agrarian and minimally industrialized lives.
In the space of a single century, we've turned Earth into a large scale "2001 A Space Odyssey" spaceship. Look out for Hal!! Hal is on the rise, snickering in It's sleeve, even while the chimpoids fight it out in the dirt and rocks of Mesopotamia and Afghanistan in eons-old tribal territorial conflict.
What fun! Meanwhile, $$trillions surge around the planet, swishing pixelated through cyberspace, landing in the winner's servers. A vast tsunami of fungible value.
As you say, we are in the game whether we like it or not. There are no sidelines. Non-positions are positions. There's nowhere to hide. Pixelation of new $ by Uncle Al quantum-tunnels our own $ right out of our accounts while the numbers don't change.
Homeland Security ensures we are all safe. I love Big Brother.
Mqurice |