Ah, the stock market is leaping — never mind that such wild swings are characteristic of BEAR markets, not bull ones — all this apparently on the false hope offered by an another anticipated interest rate cut by the Federal Reserve. Let’s see: the dollar has lost over 60 percent of its value relative to other currencies since 2000, and another rate cut will surely raise that percentage. Hooray! My money will be worth even less tomorrow than it is today! We are ROCKIN’, dudes.
Good thing I’ve never wanted to travel abroad or buy anything made in another country. In fact, when I need more data storage capacity for my MacBook, I’m going to buy an AMERICAN HARD DRIVE!
Hahahahahahaha.
[snort]
Share this post ↓
No related posts.
{ 1 comment… read it below or add one }
I’ve always had kind of a soft spot for hard times. I loved the way my mother and father liked to talk around the kitchen table about their deprivations in the thirties. If you start from the point of view I do – which is that all the material gewgaws we presently have are pretty inessential to basic happiness, maybe even detrimental to it – you can logically want to see us shorn of these things by losing our wads on the stock market, having our fancy cars repossessed and so on. There’s a period in most of our lives, no matter what our backgrounds, when we’re sort of honorary members of the dispossessed and underprivileged. I’m talking about poverty-stricken youth primarily, but it can come at any time. Well, maybe we’re all about to go back to living in rented rooms, cooking over an element and hanging around public libraries for rest and recreation. It might be good for our souls, don’t you think?