Asset Economics and the Inevitable
Wolfie — January 19, 2007, 10:13 am
Globally we live in an increasingly asset-driven economy, while generally it seems to be going quite well it is from a logical point of view unsustainable. Marc Faber explains vividly with this excellent tale of two tribes :
Irreparable Cracks in the Financial System
Well worth the read if you have the time.
Filed under: politics
Indeed, anyone who has even a passing interest or knowledge of what happened, politically as well as economically, in the 1920s and 1930s should be feeling a little twitchy by now