Misunderstanding the Great Recession [View article]
Great article filled with valuable insights.
Look, in the end its pretty simple. There are too many smart people in this country who make a lot of money without producing anything. Bean counters, money shufflers, lawyers...etc.
American business is hamstrung by onerous regulation. The producers are being crushed by the welfare leeches, bureaucratic waste, government corruption, and the socialization of corporate losses.
Is the Market Reversal Already Happening? [View article]
Otherwise, I agree with your basic conclusion.
I'm 100% out of equities. The fundamentals and medium term outlook simply don't support the run up in price.
Is the Market Going Lower? Silly Question! [View article]
Misunderstanding the Great Recession [View article]
Look, in the end its pretty simple. There are too many smart people in this country who make a lot of money without producing anything. Bean counters, money shufflers, lawyers...etc.
American business is hamstrung by onerous regulation. The producers are being crushed by the welfare leeches, bureaucratic waste, government corruption, and the socialization of corporate losses.
This system is not sustainable.
Selling Over? I'm Just Not Buying It. [View article]
Black Monday Remembered: Buying Opportunity of a Lifetime [View article]