It is not the people. It is the Greek leadership that has failed to explain the problem to the people. "We have run out of money. We promised too much and we followed the wrong policies. The outcome is that we did not generate the wealth to pay for our debt."
Is Washington making the same mistake. It is not the union, the teachers, health care, social security. It is the whole system that needs to be re-designed.
Will it happen? Let's hope so.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year 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.
Disclaimer.The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.
No comments:
Post a Comment