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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: elmatador who wrote (50317)	5/22/2009 7:56:40 PM
From: Elroy Jetson	7 Recommendations Read Replies (3) of 218541

One day you will come to understand "The Economist" which is written in the voice of "we are so very sensible, unlike everyone else, and these economic problems are so easy to understand." The magazine which calls itself a newspaper reflects the views of the Rothschild banking group which is the second largest shareholder after the 50% stake held by the "Financial Times". I used to read "The Economist" myself when I was 23, and stopped by the age of 27 when I realized that this publication is almost always wrong. You can almost invest by choosing the opposite of their advice. Worse have never admitted to being wrong about anything ever. Once they adopt an idea, they repeat it endlessly as if it were true long after it has has become clear to everyone that it was false. Then finally they never mention that idea again. Sometimes they will immediately adopt the opposite view with the tone that no sensible person could have ever believed their original viewpoint, a viewpoint of course they will never admit they held - in spite of 20 prior issues which would contradict this. The most prevalent theme of "The Economist" is that governments should be sensible and bail-out failed international loans by buying the bad loans from the banks who made them. Without blushing "The Economist" also believes governments should not impede the business of banks around the world, except to ladle out taxpayer funds to them when ever they request it. I have no doubt you obtained your foolish "capital sharing" ideas from this source. You are drinking from one of the preeminent sources of nonsense available in print. .

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