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Thursday, October 14, 2010

RE The End Of The Tunnel and NYT article re Wall Street Investment Bubble developing nations

"Foreign regulators beware..." Here comes the next bubble. As they note, this is nothing really new, except perhaps in its magnitude.

Question: why shouldn't the average American beware?

Re my previous post, below: "Although rates are at historic lows now, surprisingly few 'property rights Americans' have been 'stepping up to the plate' lately, or are likely ever again to do so, as their sources of income are increasingly drained away abroad."

The Maverick Executive would perhaps say, in a Texas drawl so characteristic,

All this good investor money has to go somewhere,
why not abroad, where it'll do some good?

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