Please note that this technically is not a nationalization. The Fed is a private corporation. And yes they're using US Dollars to prop up this company. The Federal Reserve Act is the worst law in the history of this country.
one of my major concerns about this upcoming year is how the election will pan out. If universal healthcare turns out to be a real possibility, then pharma companies are going to find it even tougher as their biggest customer will be the government.
Industrials: The New Safe Haven for Investors [View article]
Great analysis Howard. I recently read an article on the WSJ that interviewed a prominent investment guru, I forget his name. Basically his prediction is that industrial mfring and export related industries will pick up steam in the next few years.
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Are we going to learn and becareful next time? Perhaps
20 years later, I guarantee there will be a repeat. It's all human nature here...
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