An Economic Hamster Marathon
This is the kind of catastrophe I am a bit worried about, well of course referring to the recent financial crisis. How much can we borrow and when will the hamster fall of the wheel? As we noted there is to much turmoil worldwide and debt seems to have become the cure to every disease, but it seems as if mutations outpaced the cure and debt has grown to become a GLOBAL synergism. I can’t seem to comfort on the notion that our problem was ever resolved and our crisis has taken upside, but is artificially inflated with borrowing and a substantial increase in currency circulation. Debt ceiling increased 10x since 2001 to compensate one recession after another. I will however, anxiously look forward for a common solution for another round of recovery as we will yet find other resources to exhaust. Though our disease seems to have caused the first global pandemic and our economic activity has become a function of global growth and influence. I see to it that our balloon of debt is much more elastic and may save us from another turmoil, but what makes my heart skip are the side effects. I do however, would like to see another prosperous economic growth in the years to come, though I am largely concerned about our next economic crash that I see to it being the memorable crash of the century.
This is what happens when 10 year olds find a copy of the FT laying around.
Or when a retired trader in a 70 percent tax bracket with expertise in women's studies from a hole in the wall University with a 2.0GPA reads a post and doesn't have the mental depth to analyze the subject matter and jumps the gun.
References:
Industry: Sales & Trading Status: Retired Sex: Male College / University: Fucknuckle Falls Community College Degree & Major: Womens Studies GPA (rounded): 2.0 Location: Paris, France Birth Date: Apr 19 1969
Wow.
That just happened...
someone just lit the fire...alright
GO
Financial blogging might be the worst invention of the past ten years.
I think we should all slit our wrists as soon as practically possible...
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