Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Moderate Forum -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (14397)	12/5/2004 1:02:06 AM
From: cosmicforce	Read Replies (1) \| Respond to of 20773

<Let's wait and see how the population will vote once the boomers retire and realize they don't have enough money to make ends meet.> This is a dire warning ... and everyone you speak to about it should take you seriously. I've planned for ZERO Social Security in my retirement. My challenge will be holding on to enough to protect my own family during the coming burst of the credit bubble. The fact that there is 4 TIMES the debt of M1 is very frightening. I'm atypical - I spend far less than I make and I eschew credit (though I'm holding some pretty sweet 30 year paper on my house.) I hope the "American Dream" is not as dead as you say. BTW, Sun Tzu, your namesake is the author of one of my favorite books on the human condition. Perhaps, ironically, so is Machiavelli, but I think he was sorely misunderstood. In the the Art of War, the topic is about establishing relationships and avoiding war, finding the reasons people would do you harm and diffusing them. We don't see much of that these days, do we?