I remember as a kid coming to the simple conclusion that given a long enough timeline, we would eventually run out of things to buy.
An over simplification of our consumer driven society for sure, but accurate at its core.
Based upon the deal struck by our government, the reaction overseas has been…interesting. Europe is literally on the verge of total economic collapse, and governments are stepping directly into the fray to rig the markets for positive reaction.
So, what are your takeaways from this?
Markets are being rigged to support the failing states.
Structure your investments with this understanding and you will thrive.