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 : Canadian Political Free-for-All -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (13579)	11/7/2009 2:31:56 PM
From: axial	Respond to of 37204

Good points, Swan. Nobody is certain whether the problem lies with our perceptions, or reality. We try to look past what may be excessive negativity, but we can't shake the feeling that this time really is different, and that here in North America we're witnessing fundamental change: the boundless prosperity that began after WWII is gone, as is Pax Americana and US global dominance. The upturn in markets seems to defy fundamentals. Globally, trillions in unreconciled debt lies "off the books", and unprecedented deficit spending is pervasive. It is widely said that monetary policy can't possibly contravene greater market forces, but that seems to be exactly what's happening. Just my opinion, but I don't believe in magic. The interventionist conjurers have created the illusion of returning prosperity, but an illusion it is. Sooner or later, the fundamentals will assert themselves. Jim