"Basically, It's Over
A parable about how one nation came to financial ruin."
http://www.slate.com/id/2245328/pagenum/all/
Very interesting.
When the second in charge at Berkshire sounds the alarm, it might pay to listen.
Paul Farrel provides some analysis of Charlie's Article.
http://www.marketwatch.com/story/death-of-us-capitalism-the-final-10-scenes-2010-02-23?pagenumber=1
After reading these two articles I find myself wondering why I put any money in the financial markets? As it appears to just be feeding the beast whose brain is Goldman Sach's.
Tuesday, February 23, 2010
Subscribe to:
Post Comments (Atom)
Posts
Also, consider the implications, if we can't just keep investing our way to wealth we might have to start actually making something as a country again! How does a country generate income if all it does is spend money? At some point the credit cards max out. When that happens we will have to work again.
ReplyDelete