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Strategies & Market Trends : ahhaha's ahs
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To: DMaA who wrote (24267)1/15/2014 7:22:47 PM
From: KailuaBoyRead Replies (1) of 24758
 
I noticed something interesting this weekend. Driving around Saturday morning I noticed all the AM talk stations now have "investment" shows. Including a sports talk station. Even one of the religious stations. They're all just thinly disguised infomercials for the stock pushers.

It's almost as if the stock pushers sense that the Bubbas are ready to dive into the market.

I have noticed that as well but in addition to the "investment advisers" there are a lot more "real estate experts" now as well. Things get increasingly desperate and people behave more and more irrationally. I was talking to a friend of mine a couple of years ago about the state of the economy among other things. I don't spend a lot of time dwelling on this and I'm certainly no expert but the situation seemed then simple to me. More and more of what people in the US make and do is shifting to Asia. The standard of living in China is going up as a result and the foundations of what we have traditionally made and done is being hollowed out. I told my friend after this discussion that it seemed fairly simple, the standard of living in the US will drop steadily until it meets some equilibrium with developing Asia's. All of the details are symptomatic of this one fact. Where a task can be performed or a good can be made cheaper and more efficiently, it will be.

And when people get desperate enough they look for ways of catching up like following "real estate gurus" or "investment gurus" or by buying lottery tickets or sending their money to that preacher on tv who promises that Jesus wanted them to be rich and that there are secret money messages in the bible that can be obtained for a simple smaaaaall donation. It stinks like fear.

KB
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