This is an absolutely dead on Quote-Of-The-Day for these turbulent economic times.

QOTD
"The way the system is supposed to work... people get into trouble, and the competent people then take over the assets from the incompetent people. And then you start over from a strength in the base, and you build again.

This time what they're doing is they're taking the assets away from the competent people, giving them to the incompetent people, and saying to the incompetent people, 'OK, now you can compete with the competent people... with their money!'

I mean this is terrible economics; this is outrageous economics... and you're weakening the whole system."
- Jim Rogers on capitalism and our (4 interview videos with the FT)
One more from Mr. Bow Tie on commodities: "That's the only place where you're going to make a lot of money in the next few years." He predicts big problems with inflation after the current crisis. He says that we've never had all the banks around the world printing money, in a coordinated fashion, like they are now.

Well, I'll be watching the trend, Mr. Bow Tie... looking for a wave to ride, baby.
buy high, sell higher... yow, bill

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