How would Dr. Seuss describe the financial mess?
How Would Dr. Seuss Describe Our Current Financial Mess?
A home for all families, a plan Congress embraces.
Just bundle the mortgages and sell them to places.
But one person’s mortgage is another one’s pension.
Now your retirement just got an extension.
The real reason why we are headed to an economic depression — no matter what the government does.
Loans, loans, loans. Stacked right to the sky.
Looking back, we all wonder why.
All of these debts don’t need to be paid.
But all these defaults make the lenders afraid.
Sound and simple advice to avoid throwing your nest egg into the furnace like most other investors will do.
“Invest for the long haul!†most of them say,
“Don’t let these pullbacks stand in your way.â€Â
But don’t listen so lightly to this lousy advice,
Getting out of the market, and holding cash is quite nice.
The truth surrounding the nation’s “debt bubble†that has been growing for years.
You don’t have the cash for that new HD TV?
Just put it on credit instead, don’t you see?
Buying and borrowing, again and again,
Stacking debt upon debt. Just where does it end?
Slick Wall Street types bundle debts for the sale,
Your pension fund buys them, just before they all fail.
What you can do to protect yourself, your investments, and your future.
Sell all your assets. Sell with both hands!
Sell your stocks and that home! Sell all that you can!!
Open an account at a bank with FDIC coverage to here.
Don’t wait for the thunder. The rainy day’s here.
Why “mass psychology†is really to blame for the nation’s financial crisis.
We all think alike because we’re all just one herd.
Although pointing that out is a blasphemous word.
The NASDAQ looked great in the late 1990s.
But our herd changed its course, now we soil our undies.
How to make good financial decisions this holiday season.
You’ve heard it before, but I’ll say it again.
Don’t spend the money when you don’t have it to spend.
We don’t have to shop until tired and dead,
We could be like the ‘30s, and give sparkplugs instead.