I don’t often write about stocks or the economy.. it’s just too difficult to know anything with any certainty anymore. We’ve been kicking this can down the road far longer than I thought would be possible at this point but a quick look around the world and you are seeing the wheels start to come off. Here are a few scary charts that when combined with the news coming out of Europe and Japan spell trouble.
With all the swirl and finger pointing around the oil leak.. I thought it was a good time to revise a posting from a few years ago. People are stupid There are no authorities No one knows what’s going on No one is really in charge There are exceptions of course… but I find that if you live your life with these ideas in mind you will, more often than not, make better decisions and be less confused by what’s happening around you.
Just like the old boondoggle of power lines causing cancer that was finally disproved after years and billions of research (not to mention plenty of screaming headlines and fear mongering) now the target is cell phones and their ‘dangerous radiation’. News flash.. only ionizing radiation is energetic enough to break the chemical bonds that can cause dna damage that can lead to cancer and other medical problems. So what’s the difference between that nasty stuff and what cell phones give off?