- Thread Starter
- #21
No offense guys, but you're kinda falling into the alarmist trap a lot of those places spew.
The banks/wallstreet really only matter to big corporations, and to the people who are still dumb enough to sink money into the market as a way of "earning more".
The low gas prices right now are being kept artificially low to strangle ISIS and less so, but still Russia, as well as upstart oil producers in the US and canada. This is part of the reason ISIS is now asking for ransoms.
Fundamentally, market boom and bust cycles are more indicative of market health (in that the keynesians are ineffective in their control). A crash is just an opportunity for the market to make extinct companies that are no longer fit to continue living. The most important thing, is not being caught up in the mass suicide that is the market.
I don't see it as alarmist, just something to think about should it happen. This being a survival section people need to see possible threats from all directions. It's staying informed that keeps you alive. What you do with the information is up to the reader. The days news is just information to work with.