Search This Blog

Tuesday, February 10, 2009

Global Stimulus efforts ~ or ~ How I learned to stop worrying and keep spending...

Does anyone else think that the stimulus packages being pursued in the United States, Australia, Germany, etc. are something of a Global Economic Musical Chairs game? My impression is that in a macro sense we're all borrowing against future assumed prosperity to gain short term solutions.

Although I've personally made some bad economic decisions in my life, or maybe because I've made some bad $ decisions in my life, I'm trying to follow some simple rules like... Not spendng money I don't have to get things/results that I don't want. My thinking is that if all of the major economies in the world all follow this strategy then soon the music will stop and the world will clamor for a global government solution.

No comments:

Post a Comment