ChrisLKKB
FTSE -6.11%
In the great scheme of things you are correct. But which stocks to buy? Some of those high street names mentioned would be considered a safe haven, but because of the intricacy of who owns what and how, makes the whole business of owning stocks a risky business beyond the norm, if you see what I mean.
Again you're correct, houses wont explode etc. and I do find WWW 'be afraid' comments, shall we say, an unfortunate writing style. What I would say is that we should educate ourselves as to what is happening, and a good read up of the Great Depression would not go amiss, I can see similarities. I say educate ourselves, as economics is never taught in schools and many people out there have no basic idea how the money system works, and I feel they should. Its rather helpful at election time when they come around canvassing.
