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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
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To: THE ANT who wrote (97725)1/12/2013 11:44:12 PM
From: elmatador  Read Replies (1) of 217822
 
What the Americano fails to grasp is that a large portion of their standard of living owe to the fact that the US held currency held world reserve currency status.

That allowed them to enjoy a high standard of living without paying much taxes. That went for too long.
Now next generation have to pay for theirs and for their parents taxes.

The next generation will not accept the costs of the American state. Or how people like to say the cost of government.

Now if you look to, using your analogy, the botequim group, we are looking at how people perceive things.

All those perceptions, in the botequim as well an in here, were based on an era pre information dissemination.

They draw from that universe they grew up. From the school, their work place.

To acquire and store information was very very expensive. Only a few could acquire and access the store of information. Electronics: cheap processing power cheap memory and changed all that.

I ma lucky because before I was acquiring and storing information way before the information era dawned bringing in with it cheaper computers and telecommunication.

I used to deal with the paper based thing which was very expensive and into which I devoted a lot of my money.

How many 14 year old today you see in a train with a O Estado de São Paulo? Or any other serous paper in the rest of the world? I was there reading it amigo!
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