FormerXBC Inc XEBEQ

RE:RE:The only thing we have to fear is fear itself

[Winston1]

Humanity will adapt, even if we have to become extremophiles. 

tony08 wrote:

Winston1 wrote: As the great Franklin D. Roosevelt said in his 1933 inaugural address at the depth of the Great Depression, "the only thing we have to fear is fear itself." During the Great Depression everyone thought life would never return back to normal, but it did. During the 1987 flash crash, the 2000 dot com meltdown, the 2008 financial crisis, and the March 2020 Covid crash everyone thought life would never return back to normal, but it did, more or less. Now in 2022 everyone fears sky high inflation, rising interest rates and a recession. Don't worry about it, this too shall pass and life will return back to normal. A deep recession will cure sky high inflation and sky high gas and food prices. The fed will likely keep raising rates until we get into a recession, but then they'll start cutting rates to get us out of a recession. Take the long view, it's not any different this time. The world is not ending and things will eventually get back to normal. 

Agree with you Winston, however there is something that really scares me, it's global warming, and it will never come back like before.....Our children and grandchildren will have to adapt....

 

The only positive thing with this is that it should benefit Xebec