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Silver linings

For every bad news, disaster or calamity positivist encourage others to look at the silver lining, the gain instead of the loss. This is like focusing on the nutritional value of eating a plate of human excrement. OK I might be exaggerating, it's really not that bad, it's like not having to pay income tax after you lost your job not to mention the amount of time you get to spend with your family or yourself, or not having to pay for your child's tuition fees after he or she was run over by a truck (and think of the possible compensation payout you might get from that) and think about the job opportunities you might get after a disaster that wipe out half of the human population on the planet and if you do get the short end of the stick on the general population reduction measure you gain more than you've lost, the only thing that you've lost is your life and all earthly bonds but you get to see the afterlife and god, maybe some old friends and relatives. If you don't believe in the afterlife you can always be glad for not having to worry about getting a job, pay taxes, in fact you don't personally have to pay for anything.

So yes, if you come to me and tell me to look at the silver lining from a bad thing that happen to me I'm going make you do the same the next time it happens to you.

Time to bail!

It has been several days since the US bailout plan was approved and less than 2 days since the UK plan was approved and we can already see the immediate effect on the stock markets, everything is up, the DOW, the NASDAQ , FTSE, you name it. Does this mean the economy is improving? it seems like it, will it regain public trust in banks? probably not but the banks will still making money regardless.

So what have we learned from this economic roller coaster experience? for one thing we know that the market, like god, works in a mysterious but predictable way, also, like god when the market makes a turn for the worst it's the less fortunate that gets the short end of the stick and then forced to look at a non existent silver lining. Another thing that we can take out from this learning experience is that if you're big enough it you will never have to be accountable for your mistakes no matter how big that mistake is, in fact it's more likely that you will be rewarded for it with a slap on the wrist as the worst consequence you'll receive.