Hi Lumber Joe,
Quote:
Originally Posted by Lumber Joe
Well, it made other problems reveal.
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I have a feeling that some of the nastier problems have not been fully revealed but they will be revealed within the next 2 months.
There's just been too much cheerleading from those who should know better and too much concensus from those with vested interests (along with too many US banks on deathwatch and commercial property tanking just to name a couple).
All the current situation shows is that the higher echelons of the investment world don't occupy the same world (or have the same set of rules) that the rest of us do, real business included. It's either tax them because they give so little back, regulate them effectively and remove all loopholes or abolish them so that everybody else can have a level playing field.
