Universal Health care is a benefit bestowed upon a nations citizens when the economic environment is good.The first two nails in the economic coffin of Real Estate and Banking (including financials) have already been driven in firmly. If we add to that Universal Health Care, Bonds, Insurance and Financial Derivatives, ... Read More
28
Feb2009
27
Feb2009
The third wave of Systematic capital destruction isn't normally felt in the Market makers pocket, it is in all the investors that have been holding on in companies they "believe in", the ones that are too big to fail, the ones that are American Tradition.
27
Feb2009
Well, we aren't going to nationalize it but the Treasury will take 75% stake in Citibank knocking the investors value out the window.