Tom Demko Rambles

Tuesday, November 18, 2008

Financial Crises

It would appear after many years of redefining "recession", "consumer price index", etc we have run out of rope. The government is presently forced to admit the economy is in a downturn. (Translate...the party's over...) The new administration (Street Gang), The Obama Boys, as well as every world leader, politician, minister, and professional con man, promises to "fix the system...so this never happens again!"

While politicians have an influence on the economy, I think it improbable they have more control over it than I can can "control" the weather. Can the squiggley measurements of economic gains vs time mean we should have a turbulance free growing economy? I doubt it! While not totally losing compassion for those less fortunate than us, which is a big chunk of the globe, economic downhills are an integral part of mountains.

The wild animal is subject to feast and famine, a subject of free will. The person who lives in a world of constant plenty (pictured below) has a surprise coming...

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