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Prudent Man CFA is a
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The unthinkable didn't happen! The unthinking happened. Anyone who didn't understand that the credit/derivative bubble wasn't going to blow up must have been a Harvard or Wharton prof.
Sep 29 12:33 pm
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All Comments by Prudent Man CFA »Rescuing the U.S. Dollar [View article]
The world has been living in a dreamland by spending future earning and now that future is upon on us and there are no earnings. Unfortunately, the power structure of the world was living in this denial and the media bowed down to them as they don't employ anyone with objective, realistic business or financial experience.
We are waking up from the dream and it is on our watch. No political poll is valid as they represent the dreamers. We had a dream and it turned into a nightmare.
Some want to distribute the wealth but will end up distributing pain.