The article "Revenge of the Glut" actually leaves me clueless as to what to say. I mean, whenever there is a high in the economy then we are forgetting to look at some kind of factor or formula that eventually brings the times to a halt; when the economy is bad people finally get the idea into their, excuse me, our heads to save and be thrifty. So there is always something wrong that is going to lead to the next big crisis or upturn. The problem is that it's hard to know what unless it happens or you are one of the richest, smartest people in the world, Ben Bernanke, fits into that last category.
We as American's need to at least listen to these people from time to time. It's a shock for me to say that but you don't hire a circus clown to be the head of the Federal Reserve. Not only that, Bernanke as well as Alan Greenspan, for years now have had the world on the tip of their tongue with every word they say. If either one of them were to say the wrong thing one it would show the next day in the stock market. We as American's need to learn this fairly new concept called...moderation. We either excessively spend or save everything to the point where we have no actual money to back it up. Somehow with this faulted system in place things still find a way to recover, it may take years but something always works out. So look on the bright side people, in about ten years when you have kids in elementary school things will be fine. Until then, have fun trying to find a place to raise them.
