There is one successful way to not only make money but to avoid losing money in the financial markets. That is to avoid the ‘certainties’ determined by the Wall Street consensus and to consider investing into areas disliked by the Wall Street consensus.
The contrast between the two economies can be seen in the recent important economic news, which the mainstream American press pretty much ignored.
This past week the Federal Reserve, headed by Ben Bernanke, said it would continue to keep interest rates near zero and that it would continue to buy billions of dollars worth of Uncle Sam’s debt.
The ongoing global financial crisis has prompted great changes in almost every industry. Credit rating agencies, one of the main culprits of the crisis, somehow seem to have escaped unscathed. Until now…
Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now America’s middle class seems to be vanishing at a blinding pace.
