Danielle was a guest today on Talk Digital Network with Phil Mackesy talking about recent trends in the world economy and markets. You can listen to an audio clip here.
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Bill Gross: Be very afraid of the markets
http://buzz.money.cnn.com/2013/01/31/bill-gross-markets/
Right, so thenI guess you are OK with the status quo after all. No jail time for the criminal activity of some bankers. A few billion in wrist slaps for money laundering activities of major financial institutions should do the trick. Prosecute and imprison a couple of showcase fraudsters that operated outside the mainstream banking system. Send out boyz like Richard to patronize the masses for a few months while the banksters clean out the last of the evidence.
We go forward in blind ignorance, but the inevitable cannot be avoided. Please watch the attached video for a metaphorical glimpse.
http://youtu.be/hC3VTgIPoGU
“In the neofeudal, neocolonial model, speculation by the parasitic Aristocracy is backstopped by the taxpayers–the perfection of moral hazard.”
http://charleshughsmith.blogspot.ca/2013/02/crisis-and-opportunity.html
Bill Gross becoming a dreaded GOLD BUG? Didn’t Gross say ‘avoid stocks for the next 3-4 years–dead investment?’ Is he early or flatout wrong?
What say you Ms. Danielle?