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donzelion's
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Excellent, and sobering observations - and throwing some cold water on the "oft-cited 10% annual returns" claim is well done.
Jan 07 07:02 am
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All Comments by donzelion »Fairy Tales: Reassessing the Market Mindset [View article]
The fairy tale of three decades of ridiculous growth can only be believed by folks selling products to others... if women entering the work force was the main driver of growth in the 80s, and if technology was the main driver in the 90s, then the main driver of growth in the 00s has been...faith in the power of growth.. Entire industries born to convince people of fairy tales...