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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: glenn_a who wrote (8694)7/5/2004 12:02:26 PM
From: TH  Read Replies (1) of 116555
 
glenn a,

Fantastic. You simply amaze me, and often.

Care to elaborate on this statement, "I think the answer lies in the creation of an entire new incentive system outside the existing monetary regime."?

I struggle with the accuracy of my perception of the situation daily, and I've essentially given up any attempt to convert those (the majority) that believe our system is not "broke". I think 99% of Americans think nothing is wrong, so maybe I'm wrong.

"1 – I became convinced that the disparity between “reality” and “unreality” in the global economy was much less that I currently anticipate. This would mean the path to equilibrium could be much less painful."

Again, outstanding analysis and summation.

Thx

TH
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