As we watch the Dow Jones “plummet” and show the volatility of the market right now – the news-casters and reporters could make one feel like the end of the world is near.
What is really going on here?
Why in the world do we get so swept up in “the market” which has no name and no face?
Although I do not have any investments in these mechanisms, I know that many do. All of this, is supposedly tied to the Greek protests and the potential “collapse” of the financial system in Europe.
Our extreme wealth in this country has come because of the globalization of our world. This is not necessarily bad or necessarily good. One thing is for certain – we cannot change what has happened.
However, we could certainly look at “hedging” ourselves a little better in the future – instead of investing so much in the no-names and no-faces of the national/global stock-market we could invest LOCALLY with people who have names and faces, that we can call, talk to, and have confidence in (at least more confidence than in computers thousands of miles away).
This probably sounds idealistic. But I am sick and tired of having the media make me so afraid of everything! It is not THAT complex! If we at least attempt to have local banking systems, local food systems, etc. I bet we will find that instead of watching those darn green and red numbers all day we could feel much more confidant in our investments RIGHT HERE that require no numbers because we have names and faces.
We can do both – global and local – and we should, because being afraid and upset all the time is counter-productive to liberty, happiness, and the American way.
- Tisha Casida
