Funny how people are all over television moaning and screaming about the “failures of the American financial markets”. Um, what are these people talking about? They’re just flat wrong.
The very fact that investors are losing money and companies are going bankrupt is PROOF that the system WORKS. The Market does not reward bad decisions. Eventually, the “invisible hand” smacks down people who attempt to thwart the natural workings of the free marketplace.
All the calls for bailouts are just calls to be absolved of their responsibility for making bad decisions.
If those calls continue to be met, it will only hold off the inevitable market corrections for a little while– and make them worse and more painful in the future.
Good decisions = Profit
Bad decisions = Loss
How much more simple can it be?
Stop wishing to be “saved” from what you rightly deserve–either way. You made the choice, you will gain or lose according to the efficacy of those decisions.
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