I don't know how a 1,000 point drop in the dow would be cool considering many people have their retirements based on the stock market, but if there is a depression there are too many things that will have to happen first.
<< <i>I don't know how a 1,000 point drop in the dow would be cool considering many people have their retirements based on the stock market, but if there is a depression there are too many things that will have to happen first. >>
I learned this rule as a child - the Market takes the esculator up, and the elevator down. Nothin' new here.
"government is not reason, it is not eloquence-it is a force! like fire, it is a dangerous servant and a fearful master; never for a moment should it be left to irresponsible action." George Washington
While visiting a friend recently, I remarked on the amazing and beautiful model ship that sat in glass near his front door. It was the most intricate sculpture of wood and metal and wire that I personally had ever seen. My friend told me that the ship was built by his grandfather, a humble man who had actually gone through the Great Depression. He was a mid-level employee at a cable factory, and never really aspired to go beyond that. On talking a little more, it was revealed to me that every part of this great ship was either carved by hand, or as the 104 cannons were, turned by a lathe. I was flabbergasted. We talked a little more, and after seing this amazing piece of art, I was not surprized to learn of this man's other amazing feats, including a similarly displayed scale original steam powered carriage train, and a miniature working model of the cable winding machine used by his employer. This man never sought notariety. He used his amazing skill to bring a sence of awe to the world around him, and his works continue to amaze people to this day.
The question is this: Why don't we see more people like this in today's day and age? Does it really take something as appalling as a Great Depression to bring out this type of genius that I feel must exist to some degree in all of us? If we as a nation, or even as a world could just foster this type of amazing yet humble personality, I have no doubt that our society would reap huge rewards. Instead, we feed television to the minds of our children, and remove all obsatcles to "success" from their lives. It's no wonder we are where we are today. The genius of the world is being robbed via the same cable that feeds our minds exactly what Big Brother wants us to see.
As for the coin market, two things are happening that I personally can see. Middle-class collectors are feeling a financial squeeze, and curtailing their buying. Wealthy investors are moving more and more money into the quality coin market. Expensive coins are increasing in value, and the low to middle priced stuff is flattening out.
While visiting a friend recently, I remarked on the amazing and beautiful model ship that sat in glass near his front door. It was the most intricate sculpture of wood and metal and wire that I personally had ever seen. My friend told me that the ship was built by his grandfather, a humble man who had actually gone through the Great Depression. He was a mid-level employee at a cable factory, and never really aspired to go beyond that. On talking a little more, it was revealed to me that every part of this great ship was either carved by hand, or as the 104 cannons were, turned by a lathe. I was flabbergasted. We talked a little more, and after seing this amazing piece of art, I was not surprized to learn of this man's other amazing feats, including a similarly displayed scale original steam powered carriage train, and a miniature working model of the cable winding machine used by his employer. This man never sought notariety. He used his amazing skill to bring a sence of awe to the world around him, and his works continue to amaze people to this day.
The question is this: Why don't we see more people like this in today's day and age? Does it really take something as appalling as a Great Depression to bring out this type of genius that I feel must exist to some degree in all of us? If we as a nation, or even as a world could just foster this type of amazing yet humble personality, I have no doubt that our society would reap huge rewards. Instead, we feed television to the minds of our children, and remove all obsatcles to "success" from their lives. It's no wonder we are where we are today. The genius of the world is being robbed via the same cable that feeds our minds exactly what Big Brother wants us to see.
As for the coin market, two things are happening that I personally can see. Middle-class collectors are feeling a financial squeeze, and curtailing their buying. Wealthy investors are moving more and more money into the quality coin market. Expensive coins are increasing in value, and the low to middle priced stuff is flattening out.
Matt - There's plenty of genius in this world and plenty of humility and plenty of everything else you can imagine. You just have to make some effort to find it.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Thanks, guys. I'm not so much feeling the sting of an economic "depression" as much as suffering from mental depression at the state of the world and the minds that make it up. I'm sure there are still tons of people doing amazing things and having original ideas and not trying to take advantage of anybody. I just wish their attitude and abilities were easier to see.
Advanced collector of BREWERIANA. Early beer advertising (beer cans, tap knobs, foam scrapers, trays, tin signs, lithos, paper, etc)....My first love...U.S. COINS!
Comments
<< <i>Welcome to the depression rest of the United States, my state has been in one for about 8-10 years now. >>
Well, my state's been depressing at least that long. (badda-bing)
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<< <i>I don't know how a 1,000 point drop in the dow would be cool considering many people have their retirements based on the stock market, but if there is a depression there are too many things that will have to happen first. >>
I learned this rule as a child - the Market takes the esculator up, and the elevator down. Nothin' new here.
<< <i>Now that the country is going through a depression >>
A downturn is when your neighbor loses his job. A recession is when you lose your job. A depression is when an economist loses his job.
I got CampBell's Palsy Soup ... and no depression whatsoever.
``https://ebay.us/m/KxolR5
<< <i>Bread lines are forming at LEGEND >>
......................
held up pretty well so far.
Camelot
The question is this: Why don't we see more people like this in today's day and age? Does it really take something as appalling as a Great Depression to bring out this type of genius that I feel must exist to some degree in all of us? If we as a nation, or even as a world could just foster this type of amazing yet humble personality, I have no doubt that our society would reap huge rewards. Instead, we feed television to the minds of our children, and remove all obsatcles to "success" from their lives. It's no wonder we are where we are today. The genius of the world is being robbed via the same cable that feeds our minds exactly what Big Brother wants us to see.
As for the coin market, two things are happening that I personally can see. Middle-class collectors are feeling a financial squeeze, and curtailing their buying. Wealthy investors are moving more and more money into the quality coin market. Expensive coins are increasing in value, and the low to middle priced stuff is flattening out.
Empty Nest Collection
<< <i>
<< <i>Bread lines are forming at LEGEND >>
......................
I don't care for green beans on my bread. Can I get a widget loaf there for wholesale?
The question is this: Why don't we see more people like this in today's day and age? Does it really take something as appalling as a Great Depression to bring out this type of genius that I feel must exist to some degree in all of us? If we as a nation, or even as a world could just foster this type of amazing yet humble personality, I have no doubt that our society would reap huge rewards. Instead, we feed television to the minds of our children, and remove all obsatcles to "success" from their lives. It's no wonder we are where we are today. The genius of the world is being robbed via the same cable that feeds our minds exactly what Big Brother wants us to see.
As for the coin market, two things are happening that I personally can see. Middle-class collectors are feeling a financial squeeze, and curtailing their buying. Wealthy investors are moving more and more money into the quality coin market. Expensive coins are increasing in value, and the low to middle priced stuff is flattening out.
Matt - There's plenty of genius in this world and plenty of humility and plenty of everything else you can imagine. You just have to make some effort to find it.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Empty Nest Collection