The EERA 2008 (the $700 Bill bail-out bill) was/is the first step towards nationalization of the US financial markets. See my previous posts about what this very bad piece of legislation is going to do the USA. This bill and its LOUC is going to do exactly the opposite of what Washington DC says its going to do. It will drive investment out of the USA since the last bastion of capitalism is now moving towards financial socialism.
When you begin to change the rules so dramatically as with the EERA 2008, the big investors are going to stay away or stay in cash since the LOUC impact of these rules changes are not well understood, and the first rule of investing big is to ensure that you know the rules before you play.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment