Litigation

Shut up about the economy already!

By Tracy Coenen

My friend Tim Sykes (author, entrepreneur, reality TV star, mildly obnoxious stock trader) said this today far better than I could hope to say it:

Ask just about anyone how our economy is doing and you?re likely to hear one or more of the following:

We?re in a recession! The stock market is crashing! Oil?s never gonna stop going up, we?ll always need more! Housing?s collapsing so people won?t be able to pay off their debts! Wall Street is laying off drones by the thousands!

Here?s a suggestion: Shut up you whiny little bitches.

For far too long, you have been brainwashed by the headline-loving financial media circus. Ignore your petty fears and click the graphic below to see that for all our problems, all our worrying, our stock market is actually doing pretty well compared to other countries.

Tim is telling people to short penny stocks using his tried and true method. I say whatever you do, roll with the punches. Yes, there’s pain at the pump and at the grocery store. We still have one of the highest standards of living in the world and “poverty” here is nothing compared to many places around the work. Thank God for all you have, try to budget and spend frugally (maybe with the help of personal finance site WalletPop?), and enjoy life!

Full post as published by The FRAUDfiles Blog on May 19, 2008 (boomark / email).