Quote:
Originally Posted by PhiGam
No posts about the massive investment back collapse? We're fucked.
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I hesitate to say we're effed but I also would not merely call this an "adjustment". What is your feedback on it, PG? I could post fun quips from Daily Show or Colbert, but you know how those would go (they've been hilarious, though). Or I could start a big lecture about how more regulation is needed in certain sectors (as the mortgage industry clustermuck loudly screams), but we know how that would go here as well. I do know my husband and I and other members of our family made the conscious decision not to panic and start selling or withdrawing or moving things around in a tizzy. I don't know that we have much choice but to ride it out at this point, do we? Despite the obvious lack of oversight, competence and care that's been happening at the highest levels, we are almost forced to still lay some kind of trust that things will stabilize because what's the alternative?