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Posted by: Dionys 1 year, 1 month ago
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Dionys1 year, 1 month ago
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Well. There's being stupid afraid and there's being cautious afraid. There's also, as Warren Buffet shows being stupid for lack of fear. Personally I think it's all being blown out of proportion. Look at the long picture and things will return to 'normal.' The short picture, however, is bleak and who knows how long it will take for us to dig ourselves out of this unbridled capitalist hole.
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Let's be thankful that peoples retirements and social security weren't completely privatized, yes? So much for Bush's suggestion.
The bailout? Kept credit moving and businesses working. Unfortunately it also bailed out a lot of criminals that should have been allowed to go bankrupt.
Stop fussing with the market. Let it shake itself out.
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