Excellent, informative, down to earth and a very realistic post...
Kudo's to all the commentators and also kudo's to all the peeps
who asked the great questions.
Time well spent listening!!!!
One question I wished I could have asked was this;
Why would China go to bat to revalue the VND when they are
making a fortune off Vietnam paying slave labor rates and reaping
the rewards off that country's natural resources..Any feedback to this question would be seriously appreciated..
The first caller has some wise understanding , for some . Myself , personally I agree with him 100% regarding , no need to plan till the money is in the bank , But that is personal .
My reasoning comes from , 1) I am not in a hurry , nor will I be . I will take care of this in a manner that does not compromise my dignity or my faith . I am not dreaming of toys and great things , but doing more work , simple . IF this comes to pass , I will be able to work harder for better reasons .
2) Because, should I advance my thinking to this already happening , it keeps me preoccupied on things I do not need to worry about right now and in my thinking it is nonsense and will lead to disappointment and a slew of other negative emotions.
But again I say , That is me . Others want to plan , and probably should by principle , meaning because of the anxiety of wanting to get this out of the way , and being in a hurry , they will pay the price if not a little informed of what is coming and options to take on the fly . Because the level of experience and understanding will dictate a common consequence of hasty actions . Those who have experience will make smart choices in a fast paced environment , those who do not have the experience will make bad choices . So because everyone will not think the way I do , then there is a justified reason for the information provided by these people .
Let's face it , the majority are common folk . Meaning , we don't have the education in areas that would allow us to maximize our experience as better than poor people .
Prayers and pumping go hand in hand . As Long as there are prayers , there will be pumping , vise versa .
Also consider the magnitude of different agendas . Many are already retired and have every intention to spend like drunk sailors , and God bless them , they deserve to do that , and have the right to . Others will become new tycoons and start to play the inverter game that they could not play before . Others with good careers and stable employment who hold a modest amount of dinar will be fine with spending some, putting away some for retirement and go back to work . To many possibilities to mention .
The bottom line , It is all up to each of us to handle this the way we need to . If you are suffering from anxiety right now because you are effected by the day to day anticipation , then you really need to slow your mind down and ease the stress a little before you make bad choices , and much of what these guys are saying will help the physical act of what to do , you have to come to terms with your emotions . Anyone with professional thinking will tell you how important it is to leave emotions out of actions in any profession .