What have you learned from the current economic collapse? (buy, banks, recession)
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Although, I was lucky not to be directly affected (i.e. have a job, lose investments), I have learned to do without many things: buy a "less well appointed" car, go only sparingly to the movies, buy less clothes, eat out much less often.
I look for high quality and haggle on the price, even in chain stores.
I have learned that the US Federal Reserve will stop at nothing to keep the current banksters in charge. The Fed will even spend tens of trillions US dollars bailing out Eurozone banks ... just to keep the current house-of-cards from collapsing. The Fed knows no limits. The Fed will blow endless bubbles even if doing so destroys the real economy.
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