Didn't quite make it to 11,000 but got close at over 10,700. Now heading back down to 10,000 for a while and then up to 12,000. Markets move down rapidly and up slowly. Most of the time they are going up. Recently there has been a rapid down move. But that move is almost over and yet people are starting to say "bear market" again. When will they ever learn.
And the fears of inflation are overblown.
Looks like zero inflation will be the new normal along with 8% unemployment.
I hope governments will realize the truth and adjust to this reality. Balance would improve things. And a better attitude would help everyone. Live simply. Simplify.
Be at peace. Life is good.
We will be in a world where it makes sense to save to buy rather than borrow to buy. Why pay interest and fees to own an automobile or furniture ar anything at all?
If the debt industry continues to downsize we will all ultimately be much richer.
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