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Old 11-29-2009, 06:08 PM   #1
supmet
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Drives: 2007 4 Door Yaris
Join Date: Jan 2009
Location: Southern California
Posts: 1,357
Quote:
Originally Posted by 2+2 View Post
Why people pay attention to stocks as if they're a gauge of the economy I don't know, but people do.
+a trillion

The global market is such a complex beast, anyone that says they can look at it and tell you how well a countries economy is doing is either lying or delusional.

The one thing I know is, computers, machinery, robotics, etc have all advanced us to the point where we can produce 50 times the amount of food, water, homes, other necessities, and consumer goods, per worker, than we could 40 years ago. This goes for Britain, the US, Japan, wherever you live pretty much.

I think if everyone turned off the TV, the recession would be over by now(if we would have ever been in one)
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