Wednesday, December 10, 2008
Cheer up
Yesterday I heard an economist talking on the radio. He said one of the biggest problems with today’s volatile market is that everyone is afraid. This affects their buying and selling habits. I agree. The other day I heard someone comparing today’s economy to the great depression. I asked her if she was crazy or ignorant. I believe it was the latter because the depression was far more dismal than what we face today. I think this recession is exaggerated in large part because of the ease of communication. The more people talk about a problem the worse it looks. Due to the fact that everyone can talk to everyone with great ease the problem seems worse then it is. Common guys, Cheer up!
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