I believe that the coming year will be better than the last several years.
One of my favorite restaurants was really full this morning. Full restaurants is one of the ways that I tell if an economy is picking up.
We can all spoil any recovery by reacting with fear to news that a small European country is going to have "debt problems".
We can all spoil any recovery by believing that Iran is going to close everyone off from oil. Iran paid attention during the two "Gulf Wars". They know that they would lose power if they angered the rest of the world by trying to stop ocean shipping of oil.
Our news sells itself with stories that are designed to frighten you. If you do not get frightened, you may not watch the news or read a newspaper. It is difficult to fight this fear, and hard to tell if the fear is reality or a "news at 6" story. If necessary, verify by watching BBC and PBS news. Both are somewhat boring, but less likely to use scare tactics to get you to watch.
Keep your fear of the world coming to an end under control and we will all have a happy and prosperous new year.
HAPPY NEW YEAR!
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