OF THE
TIMES
Today as never before we need to comprehend the course, logic, and path of the process of history. Every day we need to make decisions that will affect future generations. It has become obvious that no single nation, confession, social class or even civilization can solve these problems on its own. We increasingly have to listen to one another: Europe and Asia, Christians and Muslims, White and Black peoples, citizens of modern democratic states and places where traditional society survives. The key is to understand one another correctly, avoid hasty conclusions, and acquire the true spirit of tolerance and respect toward those with different value systems, habits, and norms.
Tell us something all the many readers here don't already know. Not every reader mind ya - but still - what is the point of telling what is...
+1 It will be interesting to see what spark sets the tinder on fire.
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But if you compare the stock charts with the copper charts (a long proven leading indicator for economic activity), then it's only a question of when, not if the stock markets crash. Not to mention that the rise is mostly being done with borrowed money as the margin rates are at all time highs and if '08 or '29 is any indicator, then there's a 'bad moon rising'... not to mention the leading economic indicators... consumer sentiment dependent upon a jump in people thinking the future is better even as the physical metrics say the opposite and the number of people saying the same is up yet again, it's as if they are polling only select WallStreet types for their polls... hmmm, they wouldn't do that would they?
It's really crazy cool watching this from the sidelines, as everytime they tell us "It's different this time", the same thing happens and those choosing to remain in the murky waters as the tide rolls in keep thinking it won't happen to them or they know how to exit faster than the rest to secure their profits.... but they forget their past, as the troubles always happen on weekends before the markets open, and with the very light trading volumes in today's markets, 'look out below' as there really aren't any buyers but the suckers buying in now as the smart money keeps exiting and the companies sit on billions in cash with nothing to do with it but stock buybacks that make their declining market earnings look higher.
Crazy Cool.