Comments on: everything will be fine

By: Barbaric Links: Sweet Sixteen Edition « The Corporate Barbarian Blog

Barbaric Links: Sweet Sixteen Edition « The Corporate Barbarian Blog — Sat, 18 Apr 2009 02:46:13 +0000

[...] Steve at Brip Blap tells us to hold our breath and roll up the windows; [...]

By: fathersez

fathersez — Wed, 08 Apr 2009 08:54:09 +0000

My daughter says that the definition of insanity is doing the same things and expect different results.

If we ask ourselves, what is being done differently now, I wonder what the results would be. Just saying "it will be fine" doesn't count.

I share your opinion, Steve. Somewhere along the line, some of the broken things have to be fixed. One of the first should be to make those in positions of authority be accountable.

Just voting them out or sacking CEOs doesn't seem to be much of a deterrent.

By: fathersez

fathersez — Wed, 08 Apr 2009 01:54:09 +0000

By: Big Oil Merger, Sales Taxes and Weekend Reading | Million Dollar Journey

Big Oil Merger, Sales Taxes and Weekend Reading | Million Dollar Journey — Fri, 27 Mar 2009 16:16:22 +0000

[...] Brip Blap tells us that everything will be fine. [...]

By: Big Oil Merger, Sales Taxes and Weekend Reading | Income Trust | Personal Finance | Real Estate SEO

Fri, 27 Mar 2009 13:16:58 +0000

[...] Brip Blap tells us that everything will be fine. [...]

By: Economic Recovery and Stock Market Uptrend In The Horizon?

Economic Recovery and Stock Market Uptrend In The Horizon? — Thu, 26 Mar 2009 05:13:02 +0000

[...] Brip Blap: Everything Will Be Fine [...]

By: Bill

Bill — Wed, 25 Mar 2009 15:02:05 +0000

"Okay" and "fine" are great feel-good words. This is not the end of times. But it is the end of "the way things are done."

Things will change. But I fear that we will regress to our old ways soon enough. It took 60 years to get to this point (consumerism, spending out of control at both the home and government levels)...it will take some time to break old habits. Maybe they won't get broken.

But it's obvious "the way things work" cannot continue.

By: MoneyEnergy

MoneyEnergy — Wed, 25 Mar 2009 13:04:38 +0000

I totally understand where you're coming from! Some of these are my thoughts, too. I was just commenting to Arohan (of PersonalDividends.com) the other day that there's going to be quite the slew of PhD dissertations done about this period in economic history.... and now with China explicitly asking for a global currency.... that was supposed to be a mythical day in the future, but it's already here.

I think it will be okay too, but the landscape is going to look a lot different. I fear that the US government is going to bully other nations into hyperinflating along with it, when that's not necessary. The US, unfortunately, needs to deflate its own bubble without the rest of the world in tandem. Saw a video in which Citigroup reps went to Norway - small towns - in order to personally sell their securitized CDO's - no one in Norway really understood what they were buying, but they bought on the mythical "strength" of the US dollar/economy etc... this happened in so many countries. Peter Schiff is right that the rest of the world needs to understand they have to part with this belief, so to speak. It has nothing to do with American culture, patriotism, protectionism. It's just a simple economic matter of fact. And then we can all get over it in a few years.

So I guess I'm a realist like craig said here, too. No point in blowing things out of proportion or misinterpreting them, etc.

By: craig

craig — Tue, 24 Mar 2009 12:56:19 +0000

I am more of a realist like you and agree that things may not always be fine, just because you want them to turn out that way. in terms of the economy I believe things will turn over at some point, nobody knows how long that will be. With kids, also, should just try to be honest and open with them and treat them with respect and explain the situation. That should happen to everyone as well now.

By: Dana

Dana — Tue, 24 Mar 2009 08:31:41 +0000

The crisis has clearly spiraled out of control in a way that was unforeseen by the government and the general public. Things will clearly not be just fine in the near term, if only for the reason that nobody seems to be in control.

By: plonkee

plonkee — Tue, 24 Mar 2009 06:29:00 +0000

I strongly disagree. Everything will turn out ok in the end. If it's not ok, it's not the end. Now, that doesn't mean everything will be exactly the same as it was before, but it will be bigger and better and brighter. Eventually.

If you (or anyone else) thinks that's not the case, then we should be doing something about it. No one gets to write the future but us.

Wow, I'm optimistic today