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Thread: Will the stock market hold...or is the bubble ready to burst?

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    Default Re: Will the stock market hold...or is the bubble ready to burst?

    Quote Originally Posted by brucelee View Post

    So you know some concepts in financial management pacfan. What I'm more concerned is the increasing price of fuel. It's very alarming.
    No, I'm just a boxing fan who dabbles in everything.

    Seriously, I wanted to involve myself in local socio-econo-political discussions but just don't have the time to do so. You probably know we got lots of mess to clean up.
    Once in awhile, get outside in fresh air, take a deep breath & with a deep sigh, let out all the things that's bottled up inside you & be free, & you'll get a glimpse of nirvana.

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    Default Re: Will the stock market hold...or is the bubble ready to burst?

    Unfortunately whenever a topic like this comes up everyone gets wrapped up in the details and the side effects of the real problem.

    We have debt money. There is perpetually more debt than money. This is because of the way the system is designed. There is no way to get out of debt unless the system is changed. There is too much debt owed to people who do nothing. Money is simply to exchange things between people, the people who provide the money get too much out of it.

    For a house... you borrow $100k but you pay back $300k. The person who built, sold, and lived in the house get paid out of the $100k. Then the other $200k of interest is payed out the rest of your life. To put it simply we have economic leeches that are sucking the system dry.

    Don't believe that there's lack in this world. We have plenty of food, water, shelter, for every human on the planet. But it's being held back for money. One fastfood chain's waste for a day could feed all the starving people. The major hotels have enough empty rooms, the newly built houses that are empty, etc. Don't believe the hype. There's plenty for everyone, but millions starve so hundreds can have so much they couldn't spend it in their life times.

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