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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Unalakleet who wrote (106550)	1/16/2010 9:35:34 AM
From: skinowski	Read Replies (2) of 116555

Good remarks, interesting story. Occam's razor would eliminate conspiracy. I also think that it is not an issue of "American stupidity" - it's all merely human nature. When things are good, we get exuberant - and assure an inevitable collapse. Public mood goes up and down... collectively, as a crowd, we are manic depressive. Seven fat years will be followed by seven lean years. It was always was like that (and every time there were theories about what happened, and fall guys to be blamed for it). About Outer Banks... we used to camp there almost every year, since 1980. Now, our kids go there with their friends and families. Still a great place. Last summer my wife and I rented a house on the beach near Hatteras village, and we had a family reunion of sorts. Was great. The beach house, btw, was a big 3 level construction, originally built as a single family home - the curious thing is that... it actually had a real elevator inside, with a shaft and buttons and all. Bubbles can be funny... :)

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