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Josh Brown: Abundance

TedTed
edited February 2016 in Off-Topic
FYI: The only way to save the economy is to crash it.

There’s too much of everything and it’s not good for anyone. It’s hurting everyone. Paradoxically, abundance is now the enemy. This sets us apart from virtually every other society throughout history.

You can blame the Federal Reserve’s loose money policies if you’d like. There is over-investment in every industry. It’s killing confidence. Nothing is worth what it used to be. We haven’t adjusted to this reality yet.
Regards,
Ted
http://thereformedbroker.com/2016/02/25/abundance/

Comments

  • CrashCrash
    edited February 2016
    This is why I enjoy reading this guy. I was schooled in a different vocabulary, but his ideas are so often spot-on!
  • hawleyl
    Crash the system? How do we avoid becoming collateral damage? Consider how to keep a game of Monopoly going when all but one player are nearly bankrupt. This is scary.
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