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Posts Tagged ‘ delfation ’

The Bright Side of Catastrophe

Dec 19th, 2008 | By Bill Bonner | Category: Financial News, Politics & Economics

Who can honestly say he isn’t enjoying this financial crisis? It has unhorsed cavalier fund managers …it has turned the masters of the universe into servile waiters…it has made Nobel Prize winners look like morons. The rich…the proud… the pompous…the vain…the incompetent…Wall Street – surely there is a God…an ‘invisible hand’…giving them all a whack on the head!

Tags: Bernie Madoff, Bill Bonner, delfation, Depression, Gold Prices, recession, US dollar, US politics
Posted in Financial News, Politics & Economics | No Comments »

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