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[nimblebear]

Whats interesting, is how many company's peak prices were in the year 2000, especially in manufacturing here in the US. GM was at $86.06 on May 5th 2000, and 2000 was pretty much the end of the bull market from 1987 for many companies, especially if one looks at the Dow or SNP on a dollar adjusted or gold adjusted basis. Now greenspam sort of pumped juice into it for another 7 years by lowering rates, but most of the average ma and pa investors who's portfolios "peaked" in 2007, have pretty much gone back to levels in their portfolios that are definitely pre 2000, and pre-1998. Even those who held a lot in bonds have taken some pretty stiff haircuts as well. Its funny but the year 2000 seems almost like yesterday, as if the past 9 years have been at warp speed. Not just in the financial world, but also in my personal life. Many challenges that all now seem a blur. Its almost like the destruction of liquidity and wealth has actually warped time, as well as the existence of the internet. I feel like ive even aged more than just 9 years, though I look still quite young for being in the 40's. But now that this has all happened it seems like everything in life has slowed. I even enjoy my family and my days more than I did then back in 2000. or even during any period of the bull in the 90's and the re-bull after 2003. If this economy means that life has indeed slowed and we can all enjoy the more important things in life, then I will take it. I view it as a gift. Its hard to view it (the world or the US) as being in a depression, because things surely dont seem all that depressing to me. Sometimes sad, sometimes painful, sometimes a roller coaster, but surely not depressing.