1/30/09

An ugly outcome of the economic crisis

In France, public transportation workers and other civil servants planned the 36-hour strike over a range of concerns spurred by the world economic crisis.

Specifically, workers are anxious about a range of problems, including low salaries, poor buying power and job insecurity. Their collective strike action challenges the way the French government has handled the economic crisis.

Similar developments have taken place in China, Belgium, Italy, Greece, Ukraine, Iceland,...

As I mentioned in the past, the problem with the mismanagement of the global economy and poor leadership is public discontent erupting in violence.

I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.

To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/. You can review The Peter Dag Portfolio, free of charge of course. You can also call me at 1-800-833-2782 to discuss your specific money management needs.

George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977


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