Quote:
Originally Posted by Renato1
I get cheerful when I watch video podcasts from overseas about what possible future possible financial catastrophes could mean to everyday people. The prognosis isn't very good.
So, why am I cheerful?
The reason is that they often suggest the best answer is to move to Australia.
Cheers,
Renato
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Good Morning Renato I hope you and yours are doing well.
I find cheer that these folk who report upon finance are so good at finance they must become journalists ....it seems a key part of the occupation of journalism is to wrap all stories in fear and a negative outlook to appeal to the hand wringers that make up their followers...and even with a minimal grasp on economics anyone can not arrive at any other conclusion than Australia really is the best place ...on all counts...a country where the Government will pay you not to work in order to subscribe to the Optimum Un Employement policy as the major tool for fiscal management ( inflation minimisation).
I recall from the distant past, from various years and over many years, the boom of doom from the various financial journalists that the real estate bubble was about to burst....I also recall a friend who believed one such prediction and sold his beautiful little town house at Fairfield ( Sydney suburb) following the suggestion from one of these experts on doom to sell up and buy much cheaper after the real estate crash had done its worst...he sold up at $37,750-00 no doubt just before the bubble was set to burst and rented a house and waited for the crash...and waited and has been paying rent ever since.
AND of course things can go bad, history tells us that, but a cheerful outlook would seem the best way to manage any adversity.
When I was in hospital ( the various times) I treated it as a holiday...a nice room with and ensuite, ladies who bought me morning and afternoon tea, indeed all my meals delivered by lovely people, and the food was wonderful mainly because I did not have to cook it...and each day a team of lovely doctors would call making me feel like I was the only patient they cared for...I did not whinge about getting out or the food was bad and felt sad for those who could not manage the experience as a mini adventure...
Anyways the main thing that makes me cheerful each day is that I am here to enjoy it and if I do not wake up one day that I will not know that the morning never came for me.
alex