I've been reading about the Great Depression recently, and found the following article to be very interesting. The article, which was written last October when the DOW went back over 10,000 - much to the cheers of many who felt that we were finally out of the woods, discusses the diary of a "Benjamin Roth, 38 years old, solidly Republican, a solo practitioner in Youngstown, Ohio", who chronicles his experiences as the country moved through a very long financial crisis.
LINK
The author points out a couple of thoughts that I think are important to all of us today. The first point is that it is only with hindsight that we see where we were with any kind of clarity. Actually living through history is like walking in a moderate fog; we only see what is happening around us in patches and predicting what lies ahead is, at best, only an educated guess.
The second point is that, like Mr. Roth, we should all learn to use a skeptical ear when listening to the voices of the so-called "expert". Our leaders in Washington are no more knowledgeable in resolving the complex issues of the day than they are at seeing through the fog mentioned above.
We need to learn to listen to our gut, and make the decisions that best assist us in insuring our families security and financial well-being, even if it seems in conflict with the views being spouted by the main stream media and financial pundits.
JTS
LINK
The author points out a couple of thoughts that I think are important to all of us today. The first point is that it is only with hindsight that we see where we were with any kind of clarity. Actually living through history is like walking in a moderate fog; we only see what is happening around us in patches and predicting what lies ahead is, at best, only an educated guess.
The second point is that, like Mr. Roth, we should all learn to use a skeptical ear when listening to the voices of the so-called "expert". Our leaders in Washington are no more knowledgeable in resolving the complex issues of the day than they are at seeing through the fog mentioned above.
We need to learn to listen to our gut, and make the decisions that best assist us in insuring our families security and financial well-being, even if it seems in conflict with the views being spouted by the main stream media and financial pundits.
JTS