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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (88505)3/27/2012 9:06:44 PM
From: carranza21 Recommendation  Read Replies (1) | Respond to of 217575
 
Yes, it's all a game of musical chairs, isn't it?

Everyone knows there will be a time when the chairs are gone and the music in the form of crazed cries of 'risk on!' has stopped.

Low interest rates equal risk on, but the real growth isn't there so how can equities be deemed good investments? They are doing well because they're the only game in town, but it's not a very good game. A game for traders, but the bulk of them end badly. Pater has a good piece reflecting on this point:

acting-man.com

There's rumbling, I can hear it.

I am afraid and anxious, though I have lots of gold

It's not just the macroeconomy that worries me, but the feeling that we are surrounded by pathological politicians and financiers and that we are at the mercy of influential and powerful forces who could care less about rules, laws or the public good.

And they're winning.