GREY:ISYRF - Post by User
Post by
Goldenringon Mar 26, 2016 9:39am
150 Views
Post# 24701761
Markets in General
Markets in GeneralI also share concerns about thr markets, I really hope I'm wrong but I think it's just a matter of time where we experience another 2008 only a lot worse. I am quite astonished at the direction our governments continue to take, I think Paul Martin is the only PM we have had in the last 50 years who had a grasp on the economy. One thing for sure Truedeau senior didn't have a clue and the current administration in the states continues to print money to the tune of another 7-8 trillion worth of debt.
It's just seems that who is ever in power does not have the political will to tackle the problem and decides to leave it for the next government to tackle which of course never happens. What really puzzles me is that I don't think you need a degree in economics to figure this out, just grade 2 to grade 3 math is all you need.
Mikey gets a $100.00 dollars from his grandparents for grading and decides he wants a new bike, he goes to the store and starts looking at all of the bikes priced from anywheres from $80-$100 dollars. He may see one that he really likes for $ 125.00 . Now 50 years ago if that happened to me my parents would say, how much did your grandparents give you, I would say 100.00 bucks, then they would say, right so stop looking at any bike that cost over $100.00 , you can't afford it.
Anyways I guess none of us want to hear that anymore and we just buy it anyway and deal with it later on, only later on can be only later on so many times and then , well I don't really want to think about that.