Wednesday, March 8, 2017
What The Hell Is Going On?
At ZeroHedge by Tyler Durden --
Via Jim Quinn of The Burning Platform blog,
“The older I get the less I listen to what people say and the more I look at what they do.”– Andrew Carnegie
I’m 53 years old. The older I get the less sure I am about things I was sure about when I was 25 years old. I believed stocks for the long run was an unquestioned truth. I believed our economy was based on free market capitalism. I believed stock prices were based upon profits and cash flows. I believed a home was a place to live – not an investment. I believed the Catholic Church was run by good men doing good things. I believed journalists and the media were watchdogs working on behalf of the public. I believed our military was protecting our interests. I believed politicians legislated on behalf of the people. I believed the main purpose of bankers was to loan money to businesses and consumers in order to support economic growth. Boy, was I dumbass.