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<p>[QUOTE="fatima, post: 1298036, member: 22143"]This is exactly my point. The "free market" is not being allowed to correct what is wrong. Anyone with just a basic understanding of economics should be able to see that. Anyone who denies it is suffering from delusions. These facts are not subject to opinion or debate as it's been proven repeatedly since the first bailouts of 4 years ago starting with the government borrowing money and handing everyone checks. Each dose of snake oil since then has gotten progressively worse and done little to change the fundamental problems with <u>today's economy</u> that I outlined above. </p><p><br /></p><p>I don't think so. However as you said, are entitled to your opinion. Never said otherwise. How you raise your kids is your business, but it's irrelevant to why or why not to keep money in the stock market. </p><p><br /></p><p>The US finance industry including the stock market is no longer acting as a utility for the economy. It has been turned into a gambling machine that feeds on huge risk backstopped by sovereign governments/taxpayers. Only a few win at it now as anyone who has had a 401K for the last 15 years will tell you. This isn't hiding in a bunker, it's looking at reality and sensible people understand the difference.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1298036, member: 22143"]This is exactly my point. The "free market" is not being allowed to correct what is wrong. Anyone with just a basic understanding of economics should be able to see that. Anyone who denies it is suffering from delusions. These facts are not subject to opinion or debate as it's been proven repeatedly since the first bailouts of 4 years ago starting with the government borrowing money and handing everyone checks. Each dose of snake oil since then has gotten progressively worse and done little to change the fundamental problems with [U]today's economy[/U] that I outlined above. I don't think so. However as you said, are entitled to your opinion. Never said otherwise. How you raise your kids is your business, but it's irrelevant to why or why not to keep money in the stock market. The US finance industry including the stock market is no longer acting as a utility for the economy. It has been turned into a gambling machine that feeds on huge risk backstopped by sovereign governments/taxpayers. Only a few win at it now as anyone who has had a 401K for the last 15 years will tell you. This isn't hiding in a bunker, it's looking at reality and sensible people understand the difference.[/QUOTE]
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