Anybody who plays the market is part of the problem.
That's everyone with a 401K, pension plan, etc etc. Just about every productive citizen is "playing" in the market. You'd be surprised at how many people don't know their 401k is tied to the equities market. Or that fixed income managers (pensions) get their returns from "playing in the market".
Markets are not fundamentally bad. The market is an organic entity and has been around for a long long time. What is tragic is that it's been commandeered by the central planning cartel such that equities and bonds trade mainly on government intervention. This will fail. This is the problem.
Everyone playing in the market right now is just riding in the bus. Day traders will be able to jump out of the bus when it gets bad. Pensions and 401K will go over the edge with Bernanke.
FYI, I shut off my 401K a while ago, but that doesn't mean that I don't like to watch the market. Just because some people are literate in economics and matters of global finance interest them doesn't mean they are part of the problem. I believe the lack of economic literacy is a major factor on why this country is in serious trouble.
That's everyone with a 401K, pension plan, etc etc. Just about every productive citizen is "playing" in the market. You'd be surprised at how many people don't know their 401k is tied to the equities market. Or that fixed income managers (pensions) get their returns from "playing in the market".
Markets are not fundamentally bad. The market is an organic entity and has been around for a long long time. What is tragic is that it's been commandeered by the central planning cartel such that equities and bonds trade mainly on government intervention. This will fail. This is the problem.
Everyone playing in the market right now is just riding in the bus. Day traders will be able to jump out of the bus when it gets bad. Pensions and 401K will go over the edge with Bernanke.
FYI, I shut off my 401K a while ago, but that doesn't mean that I don't like to watch the market. Just because some people are literate in economics and matters of global finance interest them doesn't mean they are part of the problem. I believe the lack of economic literacy is a major factor on why this country is in serious trouble.
Educate yourself, grow your wealth over time through calculated risk taking and hard work, and use that wealth to help the world as you see fit.
Anyway you slice it, if you are not doing these things, you can be doing more for the world. Your aversion to investing is hurting the cause, not helping it.
There are a lot of disillusioned American GI's out there. They will help bring an incredibly powerful message the more they get involved. In OWS and the general movement of discontent.
If we keep on the track we are on we may be forced to. We'll still be playing the game, but the rules are going to be quite different. As far as my hope for us getting our act together.....I personally believe we have already crossed the Rubicon into another episode in history of monetary madness and all it's consequences.Unfortunately you're correct.
What if everybody stopped playin the game and did only what they need to survive with as little as possible.
There are a lot of disillusioned American GI's out there. They will help bring an incredibly powerful message the more they get involved. In OWS and the general movement of discontent.
The system needs the people who play the game.
What if everybody stopped playin the game and did only what they need to survive with as little as possible.
Please explain my aversion to investing helping the cause?
Thanks for wanting to help me out but i've lived on the outside edge of the system for over 20 years i don't even have a cell phone or tv and soon, will be livin in a jungle in SE Asia.
I have no debt, help people as much as i can, NEVER have i leeched off the tit of the system or anybody.
It's funny, people assume those who support OWS are destitute and laden with debt...no it's not funny it's kind of sad...
Don't even drink coffee lol
i sense a disturbance in the force. this thing seems to be getting wheels. all the far-right loudmouths are throwing everything they can against it, calling them "communists" "antisemetics", even "terrorists". it smells a bit of desperation, and it ain't washing ... too many people smell the bullshit, too many feeling the pain.
It's all gonna blow soon, and as has been pointed out a NEW WORLD ORDER will protect us all...