The Mudcat Café TM
Thread #32336   Message #424753
Posted By: Sorcha
24-Mar-01 - 01:47 AM
Thread Name: BS: Bears Eating my Lunch
Subject: RE: BS: Bears Eating my Lunch
Broker says, Sit Tight. Things go in cycles. Usually 3-5 years. We can live on wages earned, even if it is tough. It's 3 years until Kate goes to college and she may have to get job/scholarships to do it.

Even if a major crash, a la '29 comes, we (me and mine) haven't lost anything we had before my mom died. Remember, if it all crashes, prices will drop accordingly. Can't really see that happening now, tho, because it's all so Global, and I don't think the US gov would allow it to happen again. (Maybe that is a naive statement......) The US always seems to go to "war" when there is an economic crisis looming.

War picks up the economy like nothing else, so look out World. Now we have Dub/Dumya and an economic crisis.....