mulm

I don’t think we should bail out any bigger industry without requiring them to create buffers for the next crisis. We bailed them out in 2008, that’s fair, but if they sent all their profit to their shareholders instead of preparing for the next crisis then let their share holders bail them out.

I’m European though, so I may be more of a social democrat than most Americans.

This is anecdotal but the few documentaries I’ve seen on the early retirement people have mainly been about living really cheap, learning useful craftsmanship skills for fixing/improving homes and growing/making a lot of their foods from the basic ingredients.

I think those skills will actually be rather useful now. A lot of them seem to be living off the revenue that talking about and selling their books on F.I.R.E. rather than the actual investments.

One of the Danish consumer NGOs called tænk recently tested the security of things bought off amazon, wish and other online retailers. More than half of the smoke alarms bought on amazon didn’t work. Around half of the baby toys didn’t meet choking hazard safety.

Not sure why anyone still buys things from there. Or anywhere online really, all the other retailers failed as well.