Mish's Global Economic Trend Analysis Message Board

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

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To: Dan3 who wrote (108442)	2/18/2010 9:11:20 PM
From: Cogito Ergo Sum	of 116555

The problem is folks want stuff.. everyone wants stuff.. the more stuff the better.. so easy credit and cheap imports gave lots of folks lots of stuff they wanted and thought they needed.. Now of course stuff on ever expanding credit and hopefully ever rising assets is unsustainable.. and the unforeseen stuff like outsourcing jobs off continent.. So lots of stuff loses value and then folks can't manage their credit and can't buy the other stuff they think they need.. If everyone gets a living wage.. we will all be living but that leaves the issue of how to afford all the stuff we think we need.. Probably the entire system needs to get stuffed and then we can start over with less stuff.. and maybe find stuffless happiness.. :O) TBS EDIT: Great hockey game between Canada and the Swiss... those Swiss aren't cheese.. all tied 2 up..

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