Don't Just Do Something, Stand There [View article]
people today have no trouble spending money with a clear conscience, whether they have it to spend or not. and if they don't have it there are legions of lenders willing to lend it to them. the notion of risk is antiquated in todays world. the only ones at risk are taxpayers.
this is a government and federal reserve that rewards the ignorant and penalizes the prudent. anyone who thinks that markets for credit and/or investing can flourish in such a dysfunctional climate is dreaming.
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people today have no trouble spending money with a clear conscience, whether they have it to spend or not. and if they don't have it there are legions of lenders willing to lend it to them. the notion of risk is antiquated in todays world. the only ones at risk are taxpayers.
Aug 08 19:02 pm
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All Comments by icandoitdon »Don't Just Do Something, Stand There [View article]
this is a government and federal reserve that rewards the ignorant and penalizes the prudent. anyone who thinks that markets for credit and/or investing can flourish in such a dysfunctional climate is dreaming.