John Hussman: The Danger of Inaction [View article]
Seriously good analysis. Folks should really read the entire article over on your site. It's definitely worthwhile.
You make one point in particular that I've long believed but have not really seen written up elsewhere. That is, that the effort to save banks is misguided, and instead should be to identify and save critical investments (such as pension funds) within those banks. Certainly far less money, and much better directed towards general economic stability.
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Seriously good analysis. Folks should really read the entire article over on your site. It's definitely worthwhile.
Mar 31 20:38 pm
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All Comments by Ronald Pires »John Hussman: The Danger of Inaction [View article]
You make one point in particular that I've long believed but have not really seen written up elsewhere. That is, that the effort to save banks is misguided, and instead should be to identify and save critical investments (such as pension funds) within those banks. Certainly far less money, and much better directed towards general economic stability.