"Today's bear market in financial assets is nothing compared to the preceding crash in human judgement."
James Grant
Wall Street Journal
WSJ: Weekend Journal
I have come to enjoy the the Saturday addition of the Wall Street Journal more that the weekday addition. There are always terrific articles and editorials. For example, Peggy Noonan's editorial is always a great read.
This weekend, James Grant has an interesting article about the current financial crisis on Wall Street. Grant is a first rate economist and financial historian. I think you'll agree, it is...
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Click on the link above and enjoy his article titled: "Why No Outrage."
NOTE:
Please read the Saturday post below. I received lots of e-mails about it.
Byron Smith Blog
3 comments:
Wall Street Journal Columnist Peggy Noonan and the legal actions
http://webofdeception.com/#PeggyNoonan
The web link has a ton of disjointed, poorly formated information. I don't want to read through all of it... what is your point?
I believe that lack of good governance is the main reason why financial crisis occurs to every nation. The government and its legislators seem to focus more for their own benefits instead of the welfare of their people. Financial crisis has not yet been finished, in fact it could get even worse. It is expected to bring huge big economic shocks to the US economy and stock market. Therefore, the government should seek the necessary remedy to this problem.
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