i did not only study the charts.
i studied intelligence.
i studied belief systems.
i studied the science of economics.
economics, in my opinion, is the science of properly and efficiently operating an economy.
i enjoy listening to common people express their opinions about the state of our economy.
oh, they say, i see that xyz pavement company is hiring road crew workers, the economy must be on an upswing.
one man told me that he felt that the economy is making a comeback cuz he has had four jobs this week from his advertisement on craigslist where he bills himself out as a trash hauler, omg..
oh, i see that nonprofit is hiring, it looks like we are well on our way back to living on easy street, they say...
wrong, wrong and wrong.
when i was only in the fifth grade in elementary school, the teacher told us that a man has three basic needs..
1. food
2. clothing
3. shelter
personally, i would add a couple of items to that list..
1. food
2. clothing
3. shelter
4. communications
5. transportation
if all parties that are members of a particular economy have been provided with the above items, then and only then do we have a properly operated and well balanced economy. there are other issues that require careful consideration, but this is economics 101, imo..
non-profits serve as a drain on an economy and the same goes for building roads and the hauling of trash.
soon, i will explain how 100% risk free trading works.
i will return for more trading on sunday or monday.
all trades are closed.
zero/.