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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (18696)	3/17/2009 6:46:56 PM
From: Real Man	3 Recommendations Read Replies (4) \| Respond to of 71409

Yeah, the majority of Americans are scared, outraged, and tired. Many are in dire straits. The new age of austerity is upon us. We need to blame someone for all this, yet, the harsh recession we are experiencing was inevitable, and things could get much worse before they get better. Wall Street folks who got the bonuses are in the same boat if not worse (except the CEOs). Bonuses on WS are tradionally part of salaries. Most are seeing desks getting empty around them, and fast. Some occupied these desks. Those who didn't wish they did instead of living in constant depression and fear. The truth is, nobody stole main street's money. There were two major asset bubbles on credit, they crashed, so now everyone who got used to permanent prosperity and ever rising housing and stock prices is broke, losing their jobs, and in debt. Many of those responsible for the creation of these exotic instruments are already jobless, for others that state is on the way. No, they did not expect the black swan to happen. They will need to abandon their occupation and be public scapegoats for some time, while enduring great suffering. Most rich folks lost half or more of their money, and that makes their pain horrible, since money was all they live for. Some jump under a train, others commit suicide some other way. We need to have more compassion, love for each other, and positive attitude.