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Originally Posted by Easy Rider
[It's pretty sobering alright, how much pure stupidity there is floating around.
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Up until quite recently Easy, I used to have the same lament. This week I had a bit of an epiphany and realized that the lack of financial knowledge and sophistication of the average American may be the only thing keeping our financial system afloat at this point. If even ten percent of Americans had even the slightest clue as to what the true nature of the current financial crisis is (hint: it's not about the mortgages anymore) there would be mass panic.
Financial systems, currencies and capitalism require trust, confidence and optimism to work. I don't have much of any of these right now, but I'm glad the rest of the country is not as pessimistic as me.