I want to slap the person that thinks buying stuffty american stock is a bad idea.
This is the all perfect time to buy. (Buy low sell high) thus causing the economy to roll up again as usuall.
There has been a resession(sp) every 12-14 years for the last 150 years. And the economy always cycles.
When the majority of money ends up in 1% americans hands, businesses go bankrupt and the cycle renews. Bring the wealth back to a higher % of people again.
At that point the economy will boom and things will be great for awhile.
There is no way to avoid the cycle, as people always try.
Might as well be the few that are smart and invent through it properly.
(Home owning is not a good investment)