Tuesday, November 29, 2016

The World Never Solved Its Problems By Printing Money

Never has the world been able to solve its problems by printing money. That is why the debt goes higher and higher because interest rates are next to nothing and the central banks buy the debt.

Monday, November 28, 2016

Finance As An Industry Is In Decline

The finance industry has been good for the past 3 decades, but it was not a good industry to be in the 3 decades before that period. Now the financial industry is declining and in the future. The center of the business world will be the producers of real stuff, real goods not finance. (Bank of America (BAC), Goldman Sachs (GS), Citigroup (C), Wells Fargo (WFC))

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