Global Worries Hit Markets Anew - Barrons.com
We each can make our own choices.
Since Obama and the Democrats excuse those who don't get an education or those that don't want to teach, they are left with few options but to take the capital from those that still have it (read: negative real interest rates).
At some point though, there will have to be cutbacks in taxes, regulations and union benefits - otherwise there won't be any capital or incentives to create jobs (a problem already prevalent in Europe and, from Dunkleberg's comments Friday on Bloomberg's Tom Keene show, already present among small business in the US).
If interest rates on government debt should normalize in the US things will be far from halcyon. But, the Democrats love Never-Never-Land, so who knows.
We all have access to information, it's up to each of us to do with it as we will.
Wednesday, April 11, 2012
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