posted on Aug, 28 2010 @ 01:01 AM
I don't think you have to be a broker to know when something smells here.
Unemployment is visibly high. #s don't reflect people who aren't working, working for less, working part-time unwillingly, working under the table
with no insurance...
Houses are unaffordable for families with 1 very good income, housing + child daycare for families with 2 incomes brings the same stress, housing +
elderly care and especially housing + elderly care + child daycare... so we're arriving at the baby boomers retiring. Either everybody moves in
together so that grand parents can be day care for free or the middle aged working, taxpaying sector finally pops the housing bubble due to the social
But to me the most obvious, unavoidable, elephant in the room is that the U.S. doesn't make anything any more. We spend all our money on wars in
other countries. We rebuild in other countries. We recycle and ship our garbage to other countries. We buy everything manufactured in other
countries. Heck when we eat a prawn it is farmed in Costa Rica, flown to Laos to be shelled and sent back to the US to be eaten. We may assemble
things here but we actually manufacture very very little.
We have snobbed ourselves into such a hole, by lying that power comes with a bachelors degree. When in reality we are all grateful for referrals to an
excellent mechanic, handyman, plumber, electrician, stylist, gardener... We have confused degrees with pride in excellence so now we import not only
goods but services.
The three things we had left were our banking and our doctors and our professors... and of course now our banks are in the toilets, everyone goes to
India and Cuba for surgery and our school testing results place the US lower than many developing countries.
We have farming... till we GMO ourselves into another dust bowl. And there is our Republic... our democratic government... if it is that. For those
that trust it, it is a solace. For those that doubt its validity, it is a shell we hope will keep out the cold for another few generations because
we're not sure what to replace it with... it being the worst except for all the other ones.