I remember in High School, we were taught that during the depression, there was a lot of movie going. People indulged in as much entertainment as they could to escape their reality. I see the same thing happening now.
We have constant entertainment, via cell phones, laptops, tablets, television(sports,gossip,reality tv,etc), radio, music players, and some books, newspapers, drugs and interacting with animals(humans included). Take that thought wherever it leads and it leads to the fact we are trying to escape reality.
I have seen the same reflected in myself. Aside from the economic recession, there is Dec 12, 2012, mass shootings, terror threats(domestic and foreign), rumors of war….. Always some bad news rearing its ugly head. Between sleeping and working overtime for NO pay, I don’t find the time to listen to the bad news. I just indulge in as much entertainment as I can get.
I Have not looked at the markets in about a month, resulting in less posts on the blog, and I frankly don’t miss loosing money in that abyss. I was though tempted to buy Office Ma stock OMX but the back to school season peak is mid August and I had the epiphany in late August…too late.
Anywhoo, here it goes; YOLO