I had to call one of my credit card companies this evening to try and figure out why a transaction was being declined. After a brief hold, the phone was connected with a woman at the Seattle, Washington call center. She verified my identity and I proceeded to explain the situation.
At some point in the call, I requested a few details related to the account. She said, “Hold on while I get it up for you.”
If I think my life has been hard, it is nothing compared to what people experienced during the Great Depression. And, what people experienced during the Great Depression is nothing compared to what people being tortured in prison camps are experiencing.
Yes, the bear is back. I’m not talking about the little brown bear that usually comes around every time this year growling about a gloomy market. This is the Big Bad Grizzly Bear… the same bear that came out of hibernation in February, 2000 and ripped the head off the NASDAQ just as it was reaching for it’s lofty all-time high of 5,000. The bear that brought the NADAQ to it’s knees almost two years later when it bottomed out at 1,172.
It’s not a matter of if, it’s a matter of how long it will take and how much lower it will go.
This morning I was thinking about another invention that I’m never going to get around to building because it is too complex.
Two hours later I’m standing in front of the gas pump at a Shell station. There is a TV above the pump spewing out advertisements. Everywhere you go, somebody is trying to sell you something. This particular delivery method is a good strategy. I wouldn’t doubt it that the advertising is more potent, because they have your undivided attention and you are inhaling gas fumes.