Okay I will way in on this. Here goes, on any given day you can read, watch or hear an economist saying we are going up vs we are going down.
This sub prime is going to kill the US economy vs the economy is alright as the real estate market is such a small percentage of the US GDP, the impact is small, the markets over reacted.
We are in a recession vs we have had a mini recession and we are already climbing out.
With the US in a recession the world as a whole will be in a recession all economies are tied to the US vs China is the new giant and will take over with the largest economy and there will not be a recession world wide.
Well you get my point. I do want to leave you with one last comparison: Not has found a rich, and soon to be proven, large mineral resource, that is going to make every long share holder a lot of money vs Not has found a rich, and soon to be proven, large mineral resource, that is going to make every long share holder a lot of money .
Keep the Faith