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THE GREATER DEPRESSION AND WHAT YOU SHOULD DO ABOUT IT
I believe in the existence of the business cycle. That’s partly because almost everything in life is cyclical, which has been recognized at least since the tale about Joseph and the seven fat years and seven lean years. The Austrian school of economic thinking explains why the business cycle keeps coming around and does so without relying on a soothsayer to interpret your dreams. I urge you to read the appropriate chapters in either Crisis Investing for the Rest of the 90’s or Strategic Investing for a full explanation. But, in a nutshell, government intervention in the economy – through…
2Jul2008 | Daily Reckoning | Comments Off | Continued
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