Hey Guys,
I've been finding it harder and harder to find topics of posts since everyone at mises.org, campaignforlibery.com, etc. have already been doing such a great job. If you not checking those sites out regularly I suggest that you do.
But I guess let me post some of my thoughts on some of todays hottest questions:
Will the markets recover?
Surley, but if you live in the US it doesn't mean your standard of life will be all that great. The markets don't soley depend on U.S. companies or the U.S. Economy. So while years of no savings and dwindling production led to the worlds greatest consumer feeling some hurt along with everyone else. Everyone else will recover as their exports find new consumers now that countries like China who's been lucky to have a lot of saving will need to spend it.
Of course, these are all macroeconomic generalities which got us into the problem in the first place. I plan on putting my money in the market soon, cause I do feel many foreign nations will recover in some capacity sooner than later. I am a little bit more bearish on the U.S. economy cause I'm not seeing where new production jobs will come to fuel everything else. Oh well, maybe it's time for that move to the phillipines :).
If you have any questions you'd like me to write about, email it to me at alexmerced@alexmerced.com
