Wednesday, October 22, 2008

Transparency


Pay no attention to the markets. The markets will be just fine - I don't want to repeat myself so much. In less than a year, everyone will be better off. The adjustments will have washed away all the dirty financial grime. The thing you should be paying attention to is the proposal to eliminate cash as an instrument for barter. The Europeans no longer trust the U.S., even if they act like they do. Keep your eyes on the November meeting of the G20. Your credit card will be your new ID. All of this in the name of financial transparency. Get a second opinion if you feel the need.