tag:blogger.com,1999:blog-6399730406480392183.post4649369764597681623..comments2024-03-27T11:18:34.222-03:00Comments on Viable Opposition: American Household Indebtedness and Forgetting the Lessons of the Recent PastA Political Junkiehttp://www.blogger.com/profile/03342345936277964422noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6399730406480392183.post-57180370968923513982017-12-04T07:43:53.117-04:002017-12-04T07:43:53.117-04:00I feel we are in uncharted waters and should take ...I feel we are in uncharted waters and should take nothing for nothing for granted. To assume we will move forward without a glitch is extremely optimistic. With the passage of time, things change and evolve. This transformation can be seen in both society and the economy.<br /><br />A question we must ask is just how relevant today's comparisons are with prior economic cycles? The situation today is in many ways "historically unique" due to the rampant expansion of credit in recent decades.<br /><br />Recently I found myself pondering the line, "outwit and outlast" that is often used during the popular hit television show Survivor. It occurred to me the winners in both life and investing often reflect these qualities and that this game is far from over. More on this train of thought in the article below.<br /><br /> http://brucewilds.blogspot.com/2017/12/economic-evolution-makes-many.htmlBruce Wildshttps://www.blogger.com/profile/10181323607060607040noreply@blogger.com