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Jim is brilliant. But he always says farmers will be driving the Maseratis but it's a good bet future farmers will be slaves to the Monsantos and only agriculture commodity investors will be driving Maseratis.
World financial banking crisis is due to massive and systematic fraud. The truth is revealed by a former Regulator (now a university professor). If you really want to know who is responsible for the current financial mess, check this out:
I am an M.B.A. and have been planting mango for years, hope he is right about agriculture and commodities. guess it sucks to be in investing in insurance right now?
This china thesis is wrong. The chinese hate immigrants and the air quality is terrible. People will still come to America for the American dream. People dont talk about the chinese dream. There is none. When is the last time you saw a hit chinese movie. How about that "hot" chinese movie star? Cmon. give me a break. When America gets out of this depression, we will unleash a new technological revolution so strong that chinese will be swimming across oceans just to get a piece of our action!
China actually has a huge movie industry.. it just happens to be in Chinese (and for Chinese) so Americans largely are unaware of it. But if you need examples - Jackie Chan is a major crossover chinese star, and Lucy Liu is freakin' HOT!! Right now the only thing that chinese are swimming across the pacific for is to buy up all of our depressed real estate.
search google or wikipedia for Zimmermann 1933? As the first, he explained why we never will run out of oil or anything else. Some understand his points, and some do not. Not possible to explain the point to them either - they simply do not get it.
Zimmermann was an economist. We still can't depend on economists to fix problems in the economy, let alone ask them to tell the level of oil reserve in the world. Economists still argue among themselves on the basic problems in economics. Geology is a science.
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watch?v=CQ4JXW_ErXQ
This deserves to go viral.
guess it sucks to be in investing in insurance right now?
Obama will fix the economy, and if you rub his picture, it cures hemorrhoids.