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I don't know. I stopped believing in that the average citizen is really doing his job of self preservation. We always expect others to keep us save and then has
by erikb 8y ago
I don't know. I stopped believing in that the average citizen is really doing his job of self preservation. We always expect others to keep us save and then hastily put all our value (work time, energy, money) into lies that tell us that everything is fine and even better in the future. Blaming Wallstreet is part of that. Sure, they are selfish sharks. But that shouldn't overshadow that they have masses of customers who buy the junk from them without ever checking if everything is really as good as it looks on the cover.
Nowadays I'm worried more about what I as a person can actually do to circumvent that. And sadly the only reliable thing I can see is becoming part of the sharks and selling junk, thereby drastically increasing my private cash budget. Everything else, like raw resources, real estate, stocks, start-ups are all so overvalued with the b.s. that it's not really worth to put money in because of so many people continuing to buy despite knowing that the stuff they buy is overvalued by a margin.
That really makes one sad, you know...
- frockington 8y agoThe macro commodities picture is looking pretty solid, I've been looking at getting into raw materials. If anything they seem undervalued
- erikb 8y agoAre you buying directly or derivates? With derivates nowadays you might run the risk that they are not backed by anything. This needs to be considered in the evaluation.
- hedvig 8y agoOr, you know, we could be moral beings and create solid protections from the sharks among us. Even if those protections mean there's a ceiling on profits, or even if it feels like you have a gun to your head as one of the "enlightened and responsible" beings.