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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.33+0.7%4:00 PM EST

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To: elmatador who wrote (16235)4/1/2007 12:55:36 PM
From: Ilaine  Read Replies (3) of 217849
 
"Cracks in the model" doesn't equate with cracks in the real world. Models are based on hypothesis and assumption.

It is impossible -- and by this I don't mean merely difficult -- to predict a future which results from the individual actions of millions or billions of human beings, each acting according to their subjective perception of their own self interest.

The American paradigm is to get out of the way of these people and let them do their own thing.

That really hasn't changed in hundreds of years.

Reason being that America was, and is, populated by people who come here to make a better life, live free, make money, buy a house, raise a family, and live in peace.

Every day -- every single day -- I interact with people who came here from all over the world, including China and Brazil, Jamaica, Sierra Leone and Bangladesh and Iran and Saudi Arabia and France and England and Ukraine and Russia etc., you name it, we've got it. They're happy to be here.

If I were to tell them -- hey, back in China and Brazil and Jamaica and Sierra Leone and Bangladesh and Iran and Saudi Arabia and France and England and Ukraine and Russia etc., etc., etc., the government and the intelligentsia say the US is declining and doesn't have a good future -- they'd just laugh.

The belief that the world is going to hell is the belief of old men, who are bitter and disappointed in life. "Things were better back in the old days" say the old, bitter men. They always did say that, and probably they always will say that. Such is the fate of old, bitter men.
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