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

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To: John McCarthy who wrote (93425)1/27/2009 9:24:24 PM
From: Proud Deplorable5 Recommendations  Read Replies (1) of 116555
 
I think Schiff is great and try not to miss anything he says. I believe he is right about most things and is not underestimating the severity of the world financial situation but I realize he isn't perfect. Seems like there is a war going on between analysts these days. He's been dead on wrt real estate. But I didn't follow his advice on investing overseas as I didn't feel right with that assessment of his.

By now all the rich speculators are feeling major pain which suits me fine because I am against the concept of flipping homes when people are homeless. Its unethical and represents everything bad about capitalism.

Unlike most I see the whole system as rotten and if it collapses and big corporations fail then this is good as it will undo all the bad that's happened in our society in the last 40 years and hopefully eventually bring back free enterprise and ma and pa businesses. Down with Walmart and the rest of the controllers
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