hey everyone hope all is well. I traveled a but for about a month so havnt been able to follow everything as much. However, i felt like it was a good little rest too have.
I traveled in Peru for a month, saw Machu Picchu and some other places. Was good to break the routine. Met a lot of people staying in hostels from all over the world. I tried to casually ask the europeans about the whole euro thing, basically got stairs no real interest. Even more surprising is I met a bunch of people from Argentina. I learned they are not even allowed to take out dollars in the ATM's anywhere in the world. They all said things were messed up there but they seem to be so used to it. Kind of made me think that we are very far away from any realisation of the avg Joe on the St in the US understadning our situation. It will take another and even bigger crisis, the avg person on the Street just does not know what is going on.
I feel somewhat recharged and with perhaps a more realistic sense of timing. The average person just doesnt understand inflation or real purchasing power. I suppose that is why the fed does what it does, they know the avg guy doesn't react to what is happening.
Anyway my 2 cents.
I traveled in Peru for a month, saw Machu Picchu and some other places. Was good to break the routine. Met a lot of people staying in hostels from all over the world. I tried to casually ask the europeans about the whole euro thing, basically got stairs no real interest. Even more surprising is I met a bunch of people from Argentina. I learned they are not even allowed to take out dollars in the ATM's anywhere in the world. They all said things were messed up there but they seem to be so used to it. Kind of made me think that we are very far away from any realisation of the avg Joe on the St in the US understadning our situation. It will take another and even bigger crisis, the avg person on the Street just does not know what is going on.
I feel somewhat recharged and with perhaps a more realistic sense of timing. The average person just doesnt understand inflation or real purchasing power. I suppose that is why the fed does what it does, they know the avg guy doesn't react to what is happening.
Anyway my 2 cents.