The coming financial crisis - Now I know how Noah felt...
I firmly believe our financial problems have just begun. At best, I expect that we will see a Great Depression larger than the one in the '30s. Worst case scenario is a complete financial collapse. To me it is the most obvious fact in the world.
I feel like Noah trying to warn people of the coming flood. They think I am nuts. Last night, I was talking to a lady I have known for years. She is an MBA. So, she is not stupid. The conversation covered many topics. Eventually, it reached politics and it was appropriate to mention my views on the economy. She looked at me like I was insane to suggest that we were entering a Great Depression, not a slowdown or recession. She said that "they" were in control of the economy and Canada was the greatest country on the face of the earth blah, blah, blah. "They" would never let that happen.
This scenario has happened more than I care to admit it. I have to ask myself. Why do I do it? Why can't I just keep my mouth shut?
