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The Sky is Not Falling – Mark O. Haroldsen on the Economy

October 15, 2008 by  
Filed under blog

“You need to stand back from the masses because the masses almost always get it wrong.”

Some might wonder if because of my lifestyle I’m somehow immune to feeling the effects of a slow  economy. I’m not saying I haven’t been hurt by it, I have. I’m not immune to it. But my take is that we’re not at the bottom yet – but we’re near.

I talked to people on my trip about it. World markets are being creamed. Many are worried. Some blame the U.S. for problems with the economy, though they have made some of the same mistakes. There is no question that a person living hand to mouth is in a bad situation and this economic downturn. It scares them — and it should scare them.
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