Personally I think that we are far from the bottom of the crisis.
Companies are still have lot’s of toxic assets.
The laying off did not reach an impressive level yet.
The auto markets still have big problems
People all over the world realized that they can live with less. This economy, combined with the green attitude, will make consumption look more skinny.

In this post there are some extra reasons why the decrease will continue…

Finance problem 1: the pensions funds will collapse. Also, the fact that the private sector is based on stocks so much, any big market fluctuation will affect your pension. If you want to retire during a recession, well, to bad

Finance problem 2: the energy network must be completly change. We cannot support burning fossile fuels so much time. When the stocks will be finished, then it will be a big shock, followed by big finance problems in all industries connected with oil (car industry, airplanes, plastics, etc)

Finance problem 3: living on credit is un-sustainable. US citizens are in debt. The nation is in huge debt. The world in in debt. Everything must be leverage.

So, these 3 crisis will follow shortly. Hopefully we will not have other types of disasters, that will generate by themselves crisis (tsunami, meteor, terrorist attack, etc)

So, most of people are watching tabloid news, like they are brainwashed or something. Maybe news on depression are too paint full to watch. Or simply they are low-IQ, classic-people, narrow-minded and are more interested in entertainment then in knowing reality.

How stupid are we! How self-sufficient! And we are surprised that our governments don’t give a penny of global warming, pollution, solving the big humanity problems,…

What a joke…

American CreditCard business is a multi trillion dollar one. And a very lucrative one. It allows people, who usually are stupid, to enslave themselves, spending without a limit. The system is corrupt and the creditcard habit must be reduce.

The capitalism is based on consumption. If we reduce consumption, like this crisis is doing this to us, we suddenly see that we can live very well with only a fraction of what we had before. We don’t need all these stupid stuff, that we were keep buying.

Don’t you think is something wrong when you go shopping just for fun? Or for relaxation? Common. This is a behaviour of a sick society, that put malls and american creditcard in the center of the human universe.

If you search on Google “American Creditcard” you will see zillions of results. Every bank, every financial society have their own american creditcards. Just take a creditcard from us, use it, and we will own a piece (smaller or larger) from your future.

Evil, isnt’t it? And based on our stupidity.

American