janelane wrote: Decius wrote: Do I have a right to be angry about that? How many people like me are there?
Yes and plenty (myself included). The banks and fat cats get bailed out while the little people are too afraid of ruining their credit to default. And the bubbles come with more frequency and suddenly cash under the mattress doesn't seem like such a bad investment strategy. -janelane
Apparently, George’s flagship Quantum Fund currently has 75% of its assets in cash. Another sign that the even the most heavyweight financial players are unsure of the situation and that August 2011 is beginning to look more and more like August 2008. http://seekingalpha.com/article/281321-soros-is-75-in-cash RE: I'm starting to think that the Left might actually be right - Telegraph |