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Questions I Ask Myself:
* If deficits don’t matter, why do we pay taxes? I want my money back, with interest!!!!!!
* I care about risk when buying equities and credit. I paid my debts. I lived within my means. I saved. I didn’t over-lever myself. Does this make me a
* If deficits don’t matter, why do we pay taxes? I want my money back, with interest!!!!!!
* I care about risk when buying equities and credit. I paid my debts. I lived within my means. I saved. I didn’t over-lever myself. Does this make me a
freakin idiot? Clearly, yes!
* Am I nuts to not have a pathological obsession about making money trading stocks (long or short both sides guilty IMO) in the face of this? In directional order I care about personally staying healthy, same for my friends and family, same for
* Am I nuts to not have a pathological obsession about making money trading stocks (long or short both sides guilty IMO) in the face of this? In directional order I care about personally staying healthy, same for my friends and family, same for
the rest of society globally. Healthy also includes being able to eat, live, and ultimately find employment. I can’t imagine what this must feel like for many. Then I care about society hanging together and not breaking down. The more you understand how things work, the
scarier this all is. An economy is more or less an illusion. We have paper money. We live and transact with each other based on trust. If I do A, B will happen. So I hope to god the underlying belief in the system/illusion does not fail in some way shape or form
(including the theoretical cure economically not causing another huge problem). Then I care, and this is way way way down the list, about directionally preserving wealth. Not trying to profit off the situation. Just staying intact. I am surprised these goals don’t seem
sufficient for many. There seems to be a pathological addiction to the stock market where it is a measuring stick for many regarding their own self worth or something of that ilk. The stock market has become much too intertwined with life. But I guess that is what happens when
it is used as a tool to try and reflate an economy, and that is then augmented by an enormous amount of media, whether it is print, TV or on Twitter and Facebook... @jimcramer @tomkeene @SquawkCNBC @cnbcfastmoney
