Wednesday, February 24, 2016

The Stock Market Vs. Real Wealth

Real wealth is not what any one person owns or does not own. The richest person, the poorest person, ends up in the same place. Dead, most often buried alone in the ground, or cremated, without a single possession. Real wealth is in the biodiversity and richness of the natural world, which is in terrible decline. The stock market, the financial markets, can reach all time highs. It will make many feel safe and secure. But it is not the true wealth of the planet. It is ultimately transient, fleeting, and meaningless. It is better to be poor in a rich world than rich in an impoverished world. Real wealth is something not respected and not protected, unlike the closely followed stock market.

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