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Temo: Re: Investments won't get you out of debt. I know. I've lost thousands.
Artful Dodger: compete or die.
Its funny, these liberal types seem to understand this concept very well when it comes to industry that they loath, like the oil companies, you dont see them feeling bad that soon enough oil companies will be as extinct as dinosaurs!
How many libs are out there trying to get the government to buy out the oil companies? Its obvious that in the next 100 years or so that we will be on other energy than oil, and at some point these big oil companies will go bankrupt because of this, but is anyone going to feel bad for them and ask the government to help them out????? I bet not!
What about McDonalds, for example??? There will likely be some time when they are no longer a viable company. It might be hard to imagine right now, but some day Mc Donalds will be lost... unless the government buys them out?
Point is, that business is always a risk reward scenario, Some make it and some do not, some make it for a long time and bust some make it for a short time and bust, but my guess is that over hundreds of years, most will change with the times or bust...
point is, compete or die, oil companies will be dust one day, as will the McDonalds as we know it today... its all good