DislikedIF YOU CANNOT HANDLE THE TRUTH SKIP THIS ARTICLE !!!
http://www.oftwominds.com/blognov11/...rupt11-11.html
I really respect the author of this article. He has told it like it is however very few will accept this as the TRUTH 100%.
One day maybe soon I will buy a newspaper and publish it with article's like this one. We should distribute it to the 99% so at least they know also.
Anyone have $25,000,000 US so I can start publishing. What can we call the newspaper ?
Nice to be back here posting. Have a great week...Ignored
Good to see you are still around. Decent article, but a bit extremist. I am still of the opinion that far more is right with the world than wrong. I agree that something is going to have to give with both the financial system government finances. I think your fellow is dead on with the issue of risk.
I personally see the underlying malaise of the Western economies and governments being based upon a growth model which has been discontinued by the leveling effect of globalization. Quite simply, the US has enjoyed a first movers advantage. It is losing this and over the next 20 years it will disappear completely. The net effect will be Western economies down, Asian and South American economies up until they are roughly equal. Africa ... not to sure about that one.
Overall, global economic growth will continue into the distant future because it is based upon technological advances, not financial masturbation.