virilio

Why Patriotism and Your Portfilio Don’t Mix

CLH, your spelling and grammar are sub-prime ...

Americans have moved money in huge amounts directly to Russia through BRIC and Oil/NG investments. It was safer than investing in Fannie/Freddie/AIG/Mor...

The Russians understand how corrupt and unstable their financial sector is and move their money ... Not to the US financial sector but to Monaco. Cayman Islands. Lichtenstein. Isle of Man. Bermuda. Switzerland. Dubai. "America is the best?" It certainly isn't considered the best place to invest money. In 2007, EU banks held 53% of worldwide assets, up from 43% the decade earlier. Sense a trend? Enjoy the next decade.

Why Patriotism and Your Portfilio Don’t Mix

who wants to play in a fixed game? I can't even analyze the data anymore - with the government as the primary shareholder/regulator the books are cooked all the way up now... they benefit from false positive numbers as much as the company - suddenly the government regs will be asking, yessss its fraud but can we afford to let this company go down for it?

I just don't think it's safe to invest in US markets anymore.