<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Cancel Christmas! Crash will squeeze economy&#8230; and create opportunity for legacy wealth</title>
	<atom:link href="http://www.todaysfinancialnews.com/us-stocks-and-markets/cancel-christmas-crash-will-squeeze-economy-and-create-opportunity-for-legacy-wealth-4716.html/feed" rel="self" type="application/rss+xml" />
	<link>http://www.todaysfinancialnews.com/us-stocks-and-markets/cancel-christmas-crash-will-squeeze-economy-and-create-opportunity-for-legacy-wealth-4716.html</link>
	<description>Today&#039;s Financial News offers an independent and very practical perspective on the U.S. and global investment markets. We filter out exactly what financial news is worth paying attention to... and what it means for your money and portfolio</description>
	<lastBuildDate>Tue, 26 Jan 2010 12:08:21 -0500</lastBuildDate>
	<generator>http://wordpress.org/?v=2.8.5</generator>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<xhtml:meta xmlns:xhtml="http://www.w3.org/1999/xhtml" name="robots" content="noindex" />
	<item>
		<title>By: kenbrodyIII</title>
		<link>http://www.todaysfinancialnews.com/us-stocks-and-markets/cancel-christmas-crash-will-squeeze-economy-and-create-opportunity-for-legacy-wealth-4716.html#comment-2127</link>
		<dc:creator>kenbrodyIII</dc:creator>
		<pubDate>Tue, 25 Nov 2008 01:56:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.todaysfinancialnews.com/?p=4716#comment-2127</guid>
		<description>We have the tree, we have the lights, and we have the very sentimental &lt;a href=&quot;http://www.christmascentral.com/content/pages/christmas-tree-ornaments&quot;&gt;Christmas tree ornaments&lt;/a&gt; passed down from generations and made by young family members.  So for our family, Christmas is complete.</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->We have the tree, we have the lights, and we have the very sentimental <a href="http://www.christmascentral.com/content/pages/christmas-tree-ornaments">Christmas tree ornaments</a> passed down from generations and made by young family members.  So for our family, Christmas is complete.<!-- google_ad_section_end --></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: carmelitarojos</title>
		<link>http://www.todaysfinancialnews.com/us-stocks-and-markets/cancel-christmas-crash-will-squeeze-economy-and-create-opportunity-for-legacy-wealth-4716.html#comment-2123</link>
		<dc:creator>carmelitarojos</dc:creator>
		<pubDate>Sun, 23 Nov 2008 21:06:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.todaysfinancialnews.com/?p=4716#comment-2123</guid>
		<description>It&#039;s really a sad time of year. My family is going to try to give away some &lt;a href=&quot;http://www.christmascentral.com/content/pages/christmas-wreaths&quot;&gt;Christmas wreaths&lt;/a&gt; to the poor to make it a happier time, but there&#039;s not a lot any of us can do right now.</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->It&#39;s really a sad time of year. My family is going to try to give away some <a href="http://www.christmascentral.com/content/pages/christmas-wreaths">Christmas wreaths</a> to the poor to make it a happier time, but there&#39;s not a lot any of us can do right now.<!-- google_ad_section_end --></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: jake</title>
		<link>http://www.todaysfinancialnews.com/us-stocks-and-markets/cancel-christmas-crash-will-squeeze-economy-and-create-opportunity-for-legacy-wealth-4716.html#comment-2086</link>
		<dc:creator>jake</dc:creator>
		<pubDate>Tue, 18 Nov 2008 01:50:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.todaysfinancialnews.com/?p=4716#comment-2086</guid>
		<description>If you like debating politics visit my site: &lt;br&gt;&lt;a href=&quot;http://saveamerica.webs.com/&quot;&gt;Visit My Website&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->If you like debating politics visit my site: <br /><a href="http://saveamerica.webs.com/">Visit My Website</a><!-- google_ad_section_end --></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Bruce</title>
		<link>http://www.todaysfinancialnews.com/us-stocks-and-markets/cancel-christmas-crash-will-squeeze-economy-and-create-opportunity-for-legacy-wealth-4716.html#comment-1948</link>
		<dc:creator>Bruce</dc:creator>
		<pubDate>Sat, 11 Oct 2008 12:57:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.todaysfinancialnews.com/?p=4716#comment-1948</guid>
		<description>But what will you turn your gold into that will feed clothe or house you and yours?  A significant part of the problem now is that captial is in flight but is having trouble finding a safe place to land.  Food is good, only if you can eat it or sell it to some one who can, there are only some many sweaters that you can wear but no good in the tropics and land is only good if some one wants it badly enough.  In the early 80&#039;s gold was much higher, after adjusting for inflation, than it is now but still dropped 50% within a year or so.</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->But what will you turn your gold into that will feed clothe or house you and yours?  A significant part of the problem now is that captial is in flight but is having trouble finding a safe place to land.  Food is good, only if you can eat it or sell it to some one who can, there are only some many sweaters that you can wear but no good in the tropics and land is only good if some one wants it badly enough.  In the early 80&#39;s gold was much higher, after adjusting for inflation, than it is now but still dropped 50% within a year or so.<!-- google_ad_section_end --></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Bruce</title>
		<link>http://www.todaysfinancialnews.com/us-stocks-and-markets/cancel-christmas-crash-will-squeeze-economy-and-create-opportunity-for-legacy-wealth-4716.html#comment-1947</link>
		<dc:creator>Bruce</dc:creator>
		<pubDate>Sat, 11 Oct 2008 12:42:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.todaysfinancialnews.com/?p=4716#comment-1947</guid>
		<description>Oh, and when Christmas is cancelled and the world governments don&#039;t have the cash to buy it back, that&#039;s when things will start to get tough, even for those who have not heard of it.</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->Oh, and when Christmas is cancelled and the world governments don&#39;t have the cash to buy it back, that&#39;s when things will start to get tough, even for those who have not heard of it.<!-- google_ad_section_end --></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: ronald</title>
		<link>http://www.todaysfinancialnews.com/us-stocks-and-markets/cancel-christmas-crash-will-squeeze-economy-and-create-opportunity-for-legacy-wealth-4716.html#comment-1946</link>
		<dc:creator>ronald</dc:creator>
		<pubDate>Sat, 11 Oct 2008 12:33:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.todaysfinancialnews.com/?p=4716#comment-1946</guid>
		<description>sorry have to differ on you here i bought gold now &#039;m basking in my envy..everyone to his own pont of view  of course but alas not all minds think alike..and wealth is created yes but advice is just that ADVICE and gold will always be king...</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->sorry have to differ on you here i bought gold now &#39;m basking in my envy..everyone to his own pont of view  of course but alas not all minds think alike..and wealth is created yes but advice is just that ADVICE and gold will always be king&#8230;<!-- google_ad_section_end --></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Bruce</title>
		<link>http://www.todaysfinancialnews.com/us-stocks-and-markets/cancel-christmas-crash-will-squeeze-economy-and-create-opportunity-for-legacy-wealth-4716.html#comment-1945</link>
		<dc:creator>Bruce</dc:creator>
		<pubDate>Sat, 11 Oct 2008 12:28:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.todaysfinancialnews.com/?p=4716#comment-1945</guid>
		<description>If you can keep your job and keep paying for your house, well that&#039;s all that really counts.  You and your family can bounce back from almost anything if you have a home base.  Unfortunately this global financial situation is coming at a time when married couples who have never been married before are in the minority and getting rarer.&lt;br&gt;&lt;br&gt;How much of the misery of the Great Depression was due to foreclosures and split up families?  That marked all of those that lived through it, oddly enough, probably for the better.  That Great Depression working generation had to learn how to work and that got them through a war, but by managing the blood of those of the youngest of the 30’s.  They appreciated the benefits of family ties and went to great lengths to just hang on.  Unfortunately most of the generation that had to try and work through the Great Depression are rolling in their graves.  Anyone born after 1935 could only have the vaguest childhood memories of the Depression and can not image just how much damage collective greed and over extension can do.&lt;br&gt;&lt;br&gt;Unfortunately, when we finally come out this time around, there will not be as much raw stuff lying around to be discovered or improved upon to stimulate us out as far as the first post-war generation got catapulted, with the senior management of those who worked through the depression.  Ever see any of the future-looking movies or pre-infomercials from those 2-3 post war decades… nothing was impossible in the World Of Tomorrow.  Who is writing the really brilliant sci-fi these days… like the stuff that came out in reams in the Hugo Awards?  Where is that optimism about the future, fanciful as it was, now?  Gone!  Why?  No one can dream up enough undiscovered laws of the universe to make anything even remotely feasible whose pre-cursors can not already be found all around us.&lt;br&gt;&lt;br&gt;Sure, some isolated neat stuff will happen in the future, but not for most of us.  There is no more uncharted territory that we can get to.  Rather than making continental-type leaps forward we will be just turning over every rock in the garden to see if there isn&#039;t something unfamiliar underneath it.  Those born after 1990 or so are going to come out of university in a few years or so and look around at all of the accumulate mess and not have a clue how to go about cleaning it up and nothing to clean it up with and no chance of any new gadgets coming along to solve their problems.&lt;br&gt;&lt;br&gt;My advice to every able-bodied person : learn a second trade that will be useful when it all hits the fan.  No I&#039;m not talking about the survivalists of the cold war era.  We are unlikely to nearly sterilize the planet but it will get bad and a great many people will be rotting 20-40 years from now.  My guess is that those who are better prepared and more flexible will fare better than those who are not.  Teach your kids to work, hard enough so that they really ache for about 2-3 days afterwards so that when they stop aching they realise that they can survive discomfort.  We are not significantly different from neo-lithic peoples after the initial dispersion out of Africa.  We just compounded efficiencies for buying and spending.&lt;br&gt;&lt;br&gt;Speaking of sci-fi, have a read of John Brunner’s Shockwave Rider (1975 set in early 21st century) or Stand On Zanzibar (1968 set in US 2010).</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->If you can keep your job and keep paying for your house, well that&#39;s all that really counts.  You and your family can bounce back from almost anything if you have a home base.  Unfortunately this global financial situation is coming at a time when married couples who have never been married before are in the minority and getting rarer.</p>
<p>How much of the misery of the Great Depression was due to foreclosures and split up families?  That marked all of those that lived through it, oddly enough, probably for the better.  That Great Depression working generation had to learn how to work and that got them through a war, but by managing the blood of those of the youngest of the 30’s.  They appreciated the benefits of family ties and went to great lengths to just hang on.  Unfortunately most of the generation that had to try and work through the Great Depression are rolling in their graves.  Anyone born after 1935 could only have the vaguest childhood memories of the Depression and can not image just how much damage collective greed and over extension can do.</p>
<p>Unfortunately, when we finally come out this time around, there will not be as much raw stuff lying around to be discovered or improved upon to stimulate us out as far as the first post-war generation got catapulted, with the senior management of those who worked through the depression.  Ever see any of the future-looking movies or pre-infomercials from those 2-3 post war decades… nothing was impossible in the World Of Tomorrow.  Who is writing the really brilliant sci-fi these days… like the stuff that came out in reams in the Hugo Awards?  Where is that optimism about the future, fanciful as it was, now?  Gone!  Why?  No one can dream up enough undiscovered laws of the universe to make anything even remotely feasible whose pre-cursors can not already be found all around us.</p>
<p>Sure, some isolated neat stuff will happen in the future, but not for most of us.  There is no more uncharted territory that we can get to.  Rather than making continental-type leaps forward we will be just turning over every rock in the garden to see if there isn&#39;t something unfamiliar underneath it.  Those born after 1990 or so are going to come out of university in a few years or so and look around at all of the accumulate mess and not have a clue how to go about cleaning it up and nothing to clean it up with and no chance of any new gadgets coming along to solve their problems.</p>
<p>My advice to every able-bodied person : learn a second trade that will be useful when it all hits the fan.  No I&#39;m not talking about the survivalists of the cold war era.  We are unlikely to nearly sterilize the planet but it will get bad and a great many people will be rotting 20-40 years from now.  My guess is that those who are better prepared and more flexible will fare better than those who are not.  Teach your kids to work, hard enough so that they really ache for about 2-3 days afterwards so that when they stop aching they realise that they can survive discomfort.  We are not significantly different from neo-lithic peoples after the initial dispersion out of Africa.  We just compounded efficiencies for buying and spending.</p>
<p>Speaking of sci-fi, have a read of John Brunner’s Shockwave Rider (1975 set in early 21st century) or Stand On Zanzibar (1968 set in US 2010).<!-- google_ad_section_end --></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: BrokeButNotStupid</title>
		<link>http://www.todaysfinancialnews.com/us-stocks-and-markets/cancel-christmas-crash-will-squeeze-economy-and-create-opportunity-for-legacy-wealth-4716.html#comment-1938</link>
		<dc:creator>BrokeButNotStupid</dc:creator>
		<pubDate>Fri, 10 Oct 2008 19:47:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.todaysfinancialnews.com/?p=4716#comment-1938</guid>
		<description>Where do I get all this money for all this buying you recommend?</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->Where do I get all this money for all this buying you recommend?<!-- google_ad_section_end --></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: J. Christoph Amberger</title>
		<link>http://www.todaysfinancialnews.com/us-stocks-and-markets/cancel-christmas-crash-will-squeeze-economy-and-create-opportunity-for-legacy-wealth-4716.html#comment-1935</link>
		<dc:creator>J. Christoph Amberger</dc:creator>
		<pubDate>Fri, 10 Oct 2008 16:51:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.todaysfinancialnews.com/?p=4716#comment-1935</guid>
		<description>Rent it out for office space to your unemployed neighbor.</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->Rent it out for office space to your unemployed neighbor.<!-- google_ad_section_end --></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: RefuseToJump</title>
		<link>http://www.todaysfinancialnews.com/us-stocks-and-markets/cancel-christmas-crash-will-squeeze-economy-and-create-opportunity-for-legacy-wealth-4716.html#comment-1934</link>
		<dc:creator>RefuseToJump</dc:creator>
		<pubDate>Fri, 10 Oct 2008 15:44:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.todaysfinancialnews.com/?p=4716#comment-1934</guid>
		<description>Very good advice, what  should I do with my SUV?</description>
		<content:encoded><![CDATA[<p><!-- google_ad_section_start -->Very good advice, what  should I do with my SUV?<!-- google_ad_section_end --></p>
]]></content:encoded>
	</item>
</channel>
</rss>
