Saturday, August 6, 2011

The Markets Should Be Scared

Walter Russell Mead, The American Interest
The invisible hand has been writing on our wall of late, and the message is scaring the markets.  The markets should be scared; there is real trouble afoot, and the world’s political and economic leaders are terrifyingly out of their depth.In the Book of Daniel, King Belshazzar of Babylon held a great feast for a thousand of his lords, and as they ate and drank from the vessels captured when the Temple in Jerusalem was destroyed, they praised the false gods of gold and of silver and of brass, iron, wood and stone.

Source: http://www.realclearpolitics.com/2011/08/05/the_markets_should_be_scared_260948.html

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