The Legendary Richard Russell: “I’ve said before that the period of “making money” has essentially come to an end. The new era of “not losing money” or not losing purchasing power has arrived. Another way of putting it is that the era of protecting what we still have has arrived. Inflation, cost of living and rising taxes will all take their turns in eating into the good life that Americans have enjoyed since the end of World War II. ” dowtheoryletters.com
Market Crash 2011: It will hit by Christmas
Commentary: The S&P 500 is worth only 910. Get out or lose big
Politicians lie. Bankers lie. Yes, they’re liars. But they’re not bad, it’s in their genes, inherited. Their brains are wired that way, warn scientists. Like addicts, they can’t help themselves. They want to sell stuff, get rich.
We want to believe they’re telling us the truth. Silly, huh? Both trapped in this eternal “dance of death” controlled by programs hidden deep in our brains, telling us what to do, telling us to ignore facts to the contrary — till it’s too late, till a new crisis crushes all of us.
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