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To: expat_panama

I do think the economy is going to spring back to life. It’s not just the several Trillion parked offshore. There are also Trillions that have been “hiding” from the socialists. Hundreds of thousands have “gone Galt” to one extent or another. As we return to an age where there is some expectation that one can benefit from putting resources to work America will bloom like a mountain meadow in Spring.

Just the emotional expectation of being allowed to prosper vs. “you didn’t build that.”. Remember, the market is based on emotion more than anything else. Emotion is how we make decisions on limited facts. Not always a bad thing. Anyone else notice market volumes almost doubling the last ten days?


9 posted on 11/22/2016 4:51:17 AM PST by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: wastoute
the market is based on emotion more than anything else.

What happens is those who buy and sell on emotion go broke, and that's how the % serious adults is maintained.  Thus  the market place ends up being a group of people forced to set aside emotions knowing they'd otherwise soon run out of money and the ability to continue participating.

11 posted on 11/22/2016 5:35:21 AM PST by expat_panama
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