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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (56441)10/21/2008 12:57:11 PM
From: MulhollandDrive   of 57110
 
I'm sticking with the "this is NOT the end of the world as we know it (and I feel fine)"

agree...history doesn't repeat, it rhymes....this is long, but take a look when you have a chance....and find the similarities and just as significant, the differences:

video.google.com

the video above just deals primarily with the market crash...more importantly though....we need to examine the economic fundamentals going forward and what the wealth destruction portends...

guys like chris martenson says the next 20 years will be nothing like the past 20, not exactly TEOTAWKI, but anyone betting on business as usual, imo, will be proven wrong over time...asset conversion to cash is baked in the cake, imo, the demographics demand it...bottom line, more sellers than buyers...so i'm not feeling exactly fine<g>:

chrismartenson.com
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