Buffett's Recent Portfolio Changes: What's the Message? [View article]
fwi wrote: " Washington is trying to run Wall Street... I think that Buffett's moves signify his negative view of the Democrat's handling of the economy."
WOW, fwi, are you for real? Wall Street RUNS Washington not vise versa.
As for Democrats running economy, Buffet is not a fool, and understands very well that Democrats will ruin the country and everybody else including him personally. Hyperinflation and following civil unrest will not take any prisoners.
A Third Way in the Current Inflation / Deflation Debate (But It's Even Scarier) [View article]
On Apr 19 02:50 PM TWOfold wrote:
> 45% of the world's wealth has been wiped out in the past 6 months<
It is not true. An illusion of wealth was indeed deflated. This had to happen. The present neo-colonial world economic structure could not go for ever.
A realignment had to take place. No empire exists forever. Now, we vitness a sunset over American & British empires. Is there a possibility for the USA to overcome the present crisis?
Theoretically: yes. Practically: no. Why? "For many years, Americans have been conditioned to get something for nothing." It is a very bad habbit to get over. The present Obama administration and the Congress have neither desire nor courage to change anything.
Buffett's Recent Portfolio Changes: What's the Message? [View article]
" Washington is trying to run Wall Street...
I think that Buffett's moves signify his negative view of the Democrat's handling of the economy."
WOW, fwi, are you for real? Wall Street RUNS Washington not vise versa.
As for Democrats running economy, Buffet is not a fool, and understands very well that Democrats will ruin the country and everybody else including him personally. Hyperinflation and following civil unrest will not take any prisoners.
A Third Way in the Current Inflation / Deflation Debate (But It's Even Scarier) [View article]
On Apr 19 02:50 PM TWOfold wrote:
> 45% of the world's wealth has been wiped out in the past 6 months<
It is not true. An illusion of wealth was indeed deflated. This had to happen. The present neo-colonial world economic structure could not go for ever.
A realignment had to take place. No empire exists forever. Now, we vitness a sunset over American & British empires. Is there a possibility for the USA to overcome the present crisis?
Theoretically: yes. Practically: no. Why? "For many years, Americans have been conditioned to get something for nothing."
It is a very bad habbit to get over. The present Obama administration and the Congress have neither desire nor courage to change anything.