It is the other way around! The reason the world is in trouble is because power has become concentrated in fewer hands. Everybody is at fault.
Just look at the housing sector, totally controlled by the government. The oligarchy of the banking system. The size of the government disbursing favors and money to special favored industries like energy. To power groups such as all of us (elderly, teachers, state professors, government employees). To all of us.
This is what happens when government becomes too big. The problems we are having not because capitalism is alive. Because capitalism is dead.
This is the reason the economy is not growing.
More details in my The Peter Dag Portfolio and my free educational videos on www.peterdag.com.
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.
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