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Investment Analysis Clubs / Macro Economic Trends and Risks
|Subject: Re: Hussman, Gross & Deuteronomy||Date: 2/5/2013 1:42 AM|
|Author: ADrumlinDaisy||Number: 415083 of 478085|
I'm unsuccessfully trying to find the verse that describes the people starving and says, "You will offer yourselves as servants but nobody will hire you."
The closest I can come is the following, which perhaps has a similar relevance for those who remain economically disenfranchised following the Great Trial of 2008-2009:
We have mortgaged our lands, vineyards, and houses, that we might buy corn, because of the dearth. There were also that said, We have borrowed money for the king's tribute, and that upon our lands and vineyards. Yet now our flesh is as the flesh of our brethren, our children as their children: and, lo, we bring into bondage our sons and our daughters to be servants, and some of our daughters are brought unto bondage already: neither is it in our power to redeem them; for other men have our lands and vineyards.
(BTW, it probably goes without saying, but I offer this and my earlier Deuteronomy quotation as literary rather than religious contributions.)
Notwithstanding my somewhat pessimistic contribution to the discussion at the start of this thread, there is an undoubted sense of excitement, even exuberance, permeating discussions of the market and the economy. The Barbies and Kens of CNBC can barely contain themselves; the tide is rising, and it is lifting all boats.
But your post brought to the surface a deep concern. Do you ever wonder if we have tossed some of our weaker shipmates overboard in order to free ourselves from the shoals? Is the rising tide lifting all boats but drowning the unfortunate souls who do not have a place in a boat?
It is so easy for those of us who have the means to recover to tune out those who do not – to think about them less and less, and then, eventually, not at all . . . .
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