Quote:
Originally Posted by Xhaosis
what people should be concerned about but not alarmed, is if employers cannot pay the employee. Then you will SEE collapse. If these corps that are being traded on these imaginary $$ markets cannot rebound something like that has the slightest possibility of happening. Its just very ironic that the markets have come to this and NO one who is a ceo, or some college business grad with master's or something or in the government did not see this coming. Not a big conspiracy guru or anything but with the speed and magnitude of this market failure it does not make sense. So either they have a control on this thrill pill, and will play the pilot of the storm role, and not let it get to badly out of control. Or the people that are in these positions of leadership are more stupid then was presumed. Even if their was gain from sub prime corruption what good is that gain with a broken market? That takes that theory out of my mind. I dunno, their is not much ordinary people can do, except hope things get better and continue to take care of yourself and or your Family.
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people in the gold market have been warning about this for years now. just listen to a gold radio show and you will find out whats really going on out there not what cnbc is telling you. Larry kudlow will still tell you we are in a goldylox economy ...lol. or ask some one in constuction we felt the pinch coming year and a half ago and it just now getting out there on TV