Yes, this is really it. The beginning of a true end-of-cycle economically.
If you own “stocks,” use these bounces to get out completely. If you have to park your money somewhere, consider yourself lucky you have money to park.
The object of the game for those who actually have capital is not how to grow it, but how to keep it. Capital has driven our economy since 1300, and the recent bull market was the end of a cycle that began in the mid-1700’s.
The fact that it is ending is not the end of the world at all. It just means that there’s a whole lot of money out there with no place to go. People can’t find a place to park their money because there’s more money looking for investment than there is stuff to invest in.
And that’s because we’re finally in a technological era where great innovations are more about reducing the need to spend time, resources, and energy than they are about increasing it. iPads aside, of course.
I’ve been working hard on a book, and I know I should be updating everyone on facts and ideas relevant to Life Inc and the end of corporatism. I will in a few weeks.
In the meantime, learn to do real things and how to create value for other people. Make friends with your neighbors or, if necessary, neighbors out of your friends.
This is not a nightmare scenario, no matter what “they” say it is. No need for apocalypse, regression, or guns. That’s all silliness.
Good times ahead.