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Old 11-05-2013, 04:17 PM   #121
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Do you think it fair to characterize an entire country based on one post of one person on ER Org? Most would not.

Let's all try to keep things civil.
No worries. As I said earlier in the thread, America, (not its people) is seen overseas as a bully. Not because of what pb4uski says, but because of the way it acts in the global community. So i was characterising America based on what it does and how it is perceived. Just so happens in this case, that pb4uski acted IMO in the same way.

OP. All I'm getting at, is there are potential signs that all is not well economically in the US, IMO. If you sold out at market lows, maybe consider the possibility that you may be buying back in at market highs.

Most on this forum are probably 60 years old or so. They've lived through 40 years of debt fuelled growth, and know nothing else other than rising markets that sometimes correct but bounce back. Those days, IMO, are coming to an end.
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Old 11-05-2013, 04:23 PM   #122
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Your comments might be more useful if you tell us where you are from, if you are a permanent resident in the US now, if you are a student and plan to go back, or perhaps you are a worker who finds better opportunities in the US?

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Old 11-05-2013, 04:31 PM   #123
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Old 11-05-2013, 04:55 PM   #124
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No worries. As I said earlier in the thread, America, (not its people) is seen overseas as a bully. Not because of what pb4uski says, but because of the way it acts in the global community. So i was characterising America based on what it does and how it is perceived. Just so happens in this case, that pb4uski acted IMO in the same way. OP. All I'm getting at, is there are potential signs that all is not well economically in the US, IMO. If you sold out at market lows, maybe consider the possibility that you may be buying back in at market highs. Most on this forum are probably 60 years old or so. They've lived through 40 years of debt fuelled growth, and know nothing else other than rising markets that sometimes correct but bounce back. Those days, IMO, are coming to an end.
The USA is often perceived as you say, though not always rightly. I did post some counterfactuals; care to comment? Also, it's worth noting that we're the largest economy, and the largest consumer, with the largest military; thus if we crap out, it will hurt all over. Best wish us luck!

Many of us, to varying degrees, are aware of and concerned about the issues you raise, but I personally think there's much potential still left, both here and around the world, for economic growth and rising standards of living. We may ver well screw the pooch, but it's not written in stone by any means. You pays your money, you takes your chances...

As an aside, the British and the Aussies are often the only "friends" we have when it comes to stepping up and donating our blood and treasure. I for one am grateful for that. We have too many fair-weather friends who stand back and throw stones...
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Old 11-05-2013, 04:59 PM   #125
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