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


To: TobagoJack who wrote (144994)12/25/2018 6:54:30 AM
From: stsimon  Read Replies (1) | Respond to of 218056
 
Is Trump a systemic risk?

I am now more concerned that after the counter trend rally that should appear soon, the stock market will not go to new highs. The U.S. Administration, with its love of theatrics and endless desire to recreate episodes of the Keystone Kops, have gone from being amusing annoyances to becoming dangerous incompetents. While they have always been incompetent, they have previously only been dangerous to minorities and international allies.

If we do not go to new highs then we are likely looking at a much more extreme bear market. The President's collection of third rate sycophants that he calls a cabinet, and his fourth rate legal team are not well equipped to deal with what lies ahead. The counter trend rally will give those who are not already prepared an opportunity to restructure portfolios prior to the increasingly likely debacle.

americanbanker.com



To: TobagoJack who wrote (144994)12/26/2018 1:36:00 PM
From: louel  Read Replies (1) | Respond to of 218056
 
"endure hardship, preserver struggle, diligence & thrift, build nation"

These qualities are hard to find in the west in recent times. At one time it was the majority attitude. Times have been to good over the last number of decades. Average citizens have had it to easy.

Middle Class working folk in the Western World today live in the comfort preserved for the upper echelon a century ago.
The general population has no desire to swap recreation time for effort. Instead if more is desired. The approach is Demand via Unions or Social unrest. More should be taken from those who have succeeded. Their wealth be distributed among those who lounged to lift their lifestyle.


When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.


There has thought history and always will be distinction in wealth classes.

Suppose you have 100 hens for 100 people and you equally divide hens among all. 75% would use their quota as food till they were gone


Around 24% would use these hens to produce eggs out of them and would enjoy an egg every day till the hen was no longer a producer. Then it would be eaten.


Only 1% of the would try to mate their hens with roosters to double their flock. They would then sell some non breeders, have a food source from some and eggs, And keep generating future chickens ever increasing their flock and wealth.


Eventually the 1% own the equivalent of 99% of all chickens prior to distribution. Inequality will be as before.
Wealth is a result the entrepreneurial brain which is willing sacrifice at first, for later but greater gain.
Few in the world are willing to do so. Therefore they are relegated to dependency on employment from those who do. The so called 1%ers


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Having paid attention over previous years. Your Coconut appears to be a very brilliant young girl. Absolutely fantastic. I'm sure she realizes your proud of her accomplishments. So she should. it builds her incentive. Children can be so rewarding. In reality they are our contribution to a hopefully greater future.


Out of 12 grand children I so far see one so far who seems business dedicated. around 8 years old started mowing lawns for a couple of neighbors, after school and weekends. Over the next while he walking dogs feeding their animals, Taking are of some while owners went on holidays. Doing anything he could find to make money. Seemed anything he made he saved rather than spend it.

Purchased a small second hand rototiller, charged to till peoples gardens in the spring. Then he began purchasing Honey Bee hives, We helped place them along the fence lines on our lands. The honey revenue went to buy more hives and bees.

Today at 17 graduating from high school this June, he has some than 70 bee hives paid for, and over $25Gs in his account. There is an expense of buying Bees each year as some years many seem to die over the winter. Almost a workaholic
We have a 20 year old ford farm pickup he uses to get around now. Hates to buy a vehicle just yet. Says he would like to improve his revenue stream instead.


Wants to take a education break for one year, Then take post secondary economics. If that happens I suppose his dad and I will have to tend to his bees for a bit. I admire his drive, Hope his vision is not derailed.