Tuesday, September 30, 2008

The new depression? More like a hiccup perceived as a heart attack

This is all a war of perception. If everybody stopped panicking, took control of their own finances and their own future (this includes putting aside some money for emergencies, something about an ounce of preparation or something like that...), and stopped letting Congress and organisations like ACORN fuck around with our economy for political gain (seriously, they are professional extortionists. Most of the 'professionally poor' in this country are richer than I am because of them, and they don't have to produce anything in return for all the handouts they get), the free market would adjust and keep going. What we seem to forget is that 777 drop is like every other drop in US history, we have recovered, and we have done better since then.

Woohoo, The market is down. Start shopping for cheap stocks and buy them, and hold onto those you have until the market goes back up. Rinse, Repeat, Profit.

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