Its seems that the government of this country, have used it as their own credit card for far too long, taking from the taxpayers pot, leaving the taxpayer to pay it all back, that probably answers mandys comment on how the USA is more stable than the UK?

Good post….Ed.

This financial situation is a huge mess. I never understood the concept of spending your way to economic recovery. It just doesn’t make any sense to me. They better do something quickly to fix all this.

Best regards,
George Nieves

Our banks and goverments have a lot to answer for, however your right when you say it is not good when you spend more than you earn whether your a Government,Businees or an individual!

All the best

Nick

I like the title of your blog, it is great. I am a new Masterclass student. I too have traded the stock market(U.S.) for a while, doing it for a living for about 15 years or so. I now trade for fun, but hope to get more serious again in the future.

Good luck with your internet business and I’ll check back to see your market opinions.

Mike

I have just been to the USA for three weeks for the first time in my life. I noticed huge diffences to the UK in many areas of life. Some people seemed so much better off in my opinion than we are in England in terms of benefits etc, others seemed so very impoverished and it was right in your face.

Enjoy the journey.

Mandy

I like your insight. I find your posts very informative.

Quite by chance I just finished reading a report titled http://www.thriveinthemeltdown.com/ (By the way this is not an affiliate link). It was a great read.

In it some commentators like Dr Martin Weiss, and others believe that we are in the midst of a bear market that will last at least for another 3 possibly 5 years.

They believe things will get uglier before the real green shots of recovery will sprout.

So much so they feel that we should be piling in on inverse ETF’s.

What do you think Bruce?

Regards

Cris
@crislol

I am in John Thornhill’s Masterclass for this year and am enjoying it very much indeed. How did you find it last year?

If you need any help with Twitter just let me know as I am very active there and help a lot of people.

Hope to speak to you soon.

All the best
Keith Dean

Truthfully I have no idea about the share market or its ideas etc and right now it is not something I really want to learn. However in saying that I am in the middle of reading Robert Kiyosaki’s book “The Conspiracy Of The Rich” and my eyes have opened up to the actual meaning of the market, the meaning of the money involved in the market and why the governments are doing what they are doing right now!

According to Roberts book. This mess has been a very long time coming, and bailing outs are part of the process. It truly is about the rich and the rich players, the federal reserve, the governments and how they all make money from the little people.

If you haven’t read it, read the book. I now understand why!

Hope all is great.

Jacinta
(Fellow Masterclass Student)