Originally Posted by
ediYank
These people forget that the capital markets create jobs ..... create research and development and innovation and vastly increase the standard of living around the world.
Sorry, I'm off topic, but this isn't true. I've been there, I know the truth; real, original, off-the-wall innovation happens because of the sheer determination of individuals, and is usually hindered by the capital markers until they finally wake up to what's happened, at which point they tend to claim it as their own.
In reality, the markets seem to spend a lot of time funding me-too ideas and churning peoples investments to cream off a percent or two that they hope nobody will notice.
My rant is over....