Do you think suppose ldquo;economy expertsrdquo; are the ones putting the economy in trouble? -

I always see the news and read the newspapers. The so-called economy experts always say you must save money. Nevertheless if you save money you don t move the economy. For example: if I decide to save and avoid my visit to theaters, restaurants, etc. someone probably will stop to earn money and as a consequence someone will lose a job. For me it doesn t make any sense save money. Either way you can save to live a couple of months and not for the rest of your life. If you don believe me ask the people planned for 30 years their retirement and now they are almost homeless. Stock market is a fictitious world with fictitious numbers. I believe we are playing the government game and putting our faith in something that does not exist. Do these morons, economy experts, are putting us in trouble?|::::|Money you save is spent by banks in the form of loans or investments. The more money a bank has from it s depositors in the form of Savings, the more willing it will be to loan amp; invest money. When banks are more willing to loan and invest money, business grows because it is easier and cheaper for them to get capital to invest and grow their business. If no one saved, there would be no money for the banks to lend and business would not grow at all. The problem that we are in now is that the banks took our savings and made bad loans to people who could not afford the house that they bought. Or, the banks bought mortgage backed investment securities. Meaning they basically invested in other financial institutions mortgages that they sold. When people started defaulting on their loans and property values began to decrease for the 1st time in decades, these loans and investments became worth pennies on the dollar. Going forward, banks have learned their lessons and not everyone will be able to get a home loan, and if they do, it will only be for what their income says they can afford. Stability will come back, we just have to wash out all the BS loans that are still out there.|::::|They already have. In 1995 the US went past 200,000,000 in the number of cars in the country. That is more than the number of Americans during the Depression. How much do Americans lose on the depreciation of automobiles every year? When have the EXPERTS ever said anything about that? At $1,500 per car per year that is $300,000,000,000 per year. FOUR TRILLION DOLLARS since 1995. Our experts just forgot to mention it. They haven t suggested that accounting be mandatory for EVERYONE in high school either.|::::|If you save $10 a day from age 18 you ll retire a millionaire. Most of us, however, won t save the $10 a day. Most of us will die as peasants in the quot;newquot; economy. Park your brain at the door and get a government job. They are still hiring.|::::|Economies grow and prosper when the masses feel like things are good and equitable for them. They have to have a certain amount of the quot;wantsquot; satiated in addition to all of the basic quot;needs.quot; Check out Mazslow s hierarchy of needs. With out that economies will crash and burn. This latest [world] economic melt down is an example of how unbridled greed and lack of government over sight can ruin the quot;wantsquot; and quot;needsquot; of the average person. The ripple down effect takes awhile. In this case until 2010 at least. It has hampered the Greatest Generation and will affect the Baby Boom generation upon their retirement. For all other generations to come, good luck, because you ll be out if it! At least that s the way it looks now. The fall of our democracy seems eminent. Check Alexander Tyler s theory on the quot; Fall of Democracyquot;|::::|Unfortunately our economy is based on consumerism. If we don t consume our economy starts to falter as we have seen. Our lives are completely controled by the people who run the stock market and those who regulate our economy. We are at their mercy. We do need to save but the vast majority of us are intentionally kept just above the poverty level on purpose. All we are is spending machines. If the economists find that we are saving they manipulate interest rates and other things so we just don t have the money to save. If we have a savings of substantial power we are considered a threat to those who are in control. I know I sound like a conpierency theorist but it seems to be true.