The economy is a very large pyramid scheme. Thats not a judgement, its a general observation. Its how our economy functions... Supply/Demand etc... Each time the fuel for the pyramid scheme runs out it crashes/resets then the cycle begins again. It might be the Dotcom bust or it might be the real estate market or banks or the stock market but that's not the root cause; the cause is the fundamental design of supply/demand/credit/futures. It will recover and happen again x number of years from now so plan for it now. Yes, millions of people are suffering from this but there are also very large numbers of people who have all that money and they feel like a success right now regardless of what harm it caused everyone else (disgusting but true). There are a multitude of businessmen who know exactly how this works and spend all their time ensuring they are at the top of the pyramid when it crashes rather than the bottom where the majority of the population is. Its not a democrat/republican thing either, that whole process is just there to give those at the bottom of the pyramid someone to blame. Its the system itself and everyone else maninpuates the system to their advantage. Short Explanation: What Greybeard said. :-) Karbo
--------------------- 98 Fern Green M3/2 - Precision 6870/AR Designs Twin Scroll/RK/E85 2017 Toyota Tundra Crewmaxx - Family Whip 2011 Pierce 75' Quint - Fire Apparatus West Islip FD
America is falling apart because a huge portion of the country - consumers, small businesses, corporations, industries, cities, states and especially the federal government - has been living on credit. The average lifestyle of the American is unsustainable. It seems possible, but only through ever deepening debt, which has been extended and accepted for decades. You cannot spend your way out of an economic crisis. Anybody with a credit card can tell you why that doesn't work. And yet that's what the U.S. is trying to do. The U.S. can never recover from the debt it has. There are only two possible endings. They can either default on the debt and wipe it clean, or they can inflate their way out of it. Defaulting is the more honest way, but it demands that the U.S. thereafter lives within its means, which it hasn't had to do in half a century. It looks like they're going the inflation route, anyway. Not by choice, mind you, but as an inevitable consequence of fighting the collapse. That's terrible for the country as a whole, but awesome for net debters, as it effectively erases debt. It also destroys wealth. Anybody who was responsible and saved their money gets screwed when their life savings can't buy dinner out.