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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (88852)	10/21/2008 10:23:43 AM
From: Haim R. Branisteanu	Respond to of 116555

The currency markets are now high wire - mostly in developing countries - I find it astonishing how many wrong bets where made in the corporate world and the use of incorrect hedging – to me it only proves one thing – most financial, accounting etc. professionals only pretend to be so, have little understanding of the real world even if they work in real companies and in most cases their judgment is impaired and they act as lemmings or sheep – just choose one – the this malady is all over the world almost no country / international concern saved – it only related to the size of the loss not on the actual accurate reading of the economic developments and their implications What do those chaps and ladies learning in school and all those very expensive institutions of higher education? aslo called Universities and for what did they get all those fancy titles? - for scribbling something on several pages whit little resemblance of the real world? - what they dor during their tenure at real corporation? - chatting near the cooler or chasing chicks with same or lesser background or vice versa?