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View Diary: What Are Derivatives? And what makes some of them Toxic? (36 comments)

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  •  Thanks NBBooks (6+ / 0-)

    for those very insightful comments.

    They explain a lot.

    You just put "Supply Side" economic, in a whole new light for me.

    which would mean "Demand Side" has a serious infrastructure, national investment component to it too.

    Basically, America needs to quit investing in virtual Paper

    (ie "Phantom Wealth", as Korten calls it)

    and start investing in real goods and and services again,
    including the means and skills to produce them.

    Paper assets will not feed a village,
    in the long run.

    What is necessary to change a person is to change his awareness of himself.
    -- Maslow ...... my list.

    by jamess on Sat Oct 08, 2011 at 07:06:38 PM PDT

    [ Parent ]

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