I was watching the news on Bloomberg TV about the strikes and revolt in Europe.People are burning cars, red flags are flying, windows are crashed. It is a sense of revolt or, should I say, revolution.
This is the end of the line. This is happening. These are not wild guesses.
Why no one explains. Why no one educates. Why no one cares!
Power groups have asked. Politicians have given without considering the consequences. Their objective is to remain in power. To control the wealth of the country.
Now things are unraveling. Do we understand what is happening? It is absolutely crazy no one explains that governments cannot give if people do not produce the wealth to pay for it.
Borrowing is not the answer because the markets always win. And they are. They always will. But the people do not know. They need to know. Who has the courage to explain?
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked best market timer in the 12 and 6 months ending 8/20/10 by Timer Digest
To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.
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