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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
please read my full Disclaimer at this link.

Dots

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* Mon. Dec. 25 ~ U.S. Markets closed for Christmas holiday
*** Click here for link to Economic Calendars for all upcoming events

Thursday, July 21, 2011

"Bi-polar" self-talk...

Once upon a time, two halves of a brain decided to engage in a discussion about the country's debt problems. The left brain was rational and logical and the right brain was emotional and preferred elusive, uncertain information. The discussion went something like this:

Left Brain:  "I propose that we reduce the benefits paid on healthcare and pensions to solve our debt problem."

Right Brain: "Would that work?"

Left Brain: "Sure, it's worked for awhile in the past and now we stand to have an even greater savings because of the ever-increasing growth in the proportionally-large aging population."

Right Brain: "Why not just tax the wealthy?"

Left Brain: "Because that's never been done before, so there's no proof that it would work."

Right Brain: "But that's not very humane...what about all the suffering and hardships that would occur on an increasing basis?"

Left Brain: "That depends on whether or not you look at it from a rich person's viewpoint."

The End

Author--SB