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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (85213)	12/29/2011 2:51:23 AM
From: Maurice Winn	4 Recommendations Respond to of 217740

Really? < prepared for the worst.. but hoping for muddle through... > The worst is horrifically horrible and I'm not in the slightest prepared for the worst. I don't even have a gun, let alone ammunition. I expect things to go on getting better and better. There will of course be the usual glitches and oops a daisy downsides, but overall, for the most part, by and large, things will get better and very quickly at that. With 7 billion of us having a shoulder to the wheel, nose to the grindstone, eye on the ball, back to the wall, ear to the ground and head in the clouds, there's nothing we can't do [especially when so contorted into that shape]. 100 years ago, there were barely a billion and most of them were in subsistence rural life styles living hand to mouth, giving thanks for a harvest to get them through the following winter. Now we have rows of combine harvesters, huge glass houses, vast banana plantations and egg farms to keep food supplies flowing. Hordes of us can spend our days developing things like mobile Cyberspace with swarms of DeVices to use. Our communications are almost instant, backed by huge computing power, stupendous memory data bases which are easily accessed at no cost with permanent storage. Then we have the Flynn Effect and the tremendous panoply of technological developments to empower us to a ridiculous extent. We can fly 10km high at 1000 km per hour in comfort and safety to the other side of the world for a small fee and can be connected to Cyberspace all the way when the dopey airlines get a round tuit. If all the money and debts in the world suddenly sprung a leak and sank without trace, it wouldn't really make a big difference except that the lenders would think it pretty stink and would have to go back to work, which would be quite tough on those aged 70. The factories would all still be there. New currency could be issued next day. Admittedly it would be quite messy, but it has been done before. Many people have thought they had money and suddenly found they didn't. Bernie Madoff, Enron, Fannie and Freddie shareholders and hordes of creditors have found they were suddenly impoverished. Life goes on. Mostly. Lifestyles change for some for the worse and for others for the better. Many house "owners" are finding their debts ditched and their financial advantages suddenly greatly improved = bad luck for bank shareholders. They even get to keep their houses with greatly reduced mortgage payments. Sweet! Life's good and getting better. Overall, for the most part. Mqurice