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

To: THE ANT who wrote (109081)	12/17/2014 7:43:13 PM
From: Lazarus	Read Replies (1) \| Respond to of 218621

Why so negative? I have 6 kids and two have graduated college and have great jobs. Two more are in college and I suspect they will find decent employment as well. Another son, who is a contractor, is keeping busy enuf to pay the mortgage. My daughter's husband is ALWAYS busy and his business is doing VERY well. Add to that I know many of my children's friends, and they too are getting by OK. Sure some are struggling, but it was no different when I was their age --- I WAS THE ONE STRUGGLING. I remember when I was around 20 (the 70's - high interest rates) thinking -- I'll never be able to buy a house! What a difference a year or a decade makes!!! Looking on the bright side the collapse in housing prices, while an inconvenience to older citizens, is a blessing for their children who can now actually AFFORD to buy a home. My guess is that a lot of the folks posting on SI dont have children... because, I suspect that if they did they would have a more positive outlook (unless their kids are all losers).

To: THE ANT who wrote (109081)	12/18/2014 2:21:47 PM
From: John Vosilla	Read Replies (1) \| Respond to of 218621

Big problem is costs of living far exceeding incomes for most and wealth disparity off the charts far beyond even the Gilded Age a pattern that has spread worldwide in this age of continued technology and globalization trends moving at a brisk pace... We bury everything via backstop of the fed as Congress remains paralyzed. The longer this keeps up the more misallocation of capital and even bigger asset bubble's leading to an even bigger fall. The uproar over Ferguson and Staten Island most disturbing that is what today's young people chose to focus on. I used to think the far right was beyond idiotic with Birther's and Benghazi type crazy talk. Little hope for spending the money wisely on infrastructure and empowering the middle class when you have Sheldon Adelson and Al Sharpton type's indoctrinating our society to their narrow causes and dividing we the people.. Remember I am not talking about myself and my family we are doing fine but I can imagine a future in our lifetime where the top perhaps 7-10% are walled off from the rest of society gone mad in some 23rd century Mad Max or Bruce Willis flick. Folks would have fond memories of the day when all they thought about was those 'evil racist' cops patrolling the street actually keeping the peace..