Commentaire sur les marchés, l'économie, l'entraînement, la nutrition, et tout ce qui attire mon attention.
'The Growth of Knowledge depends entirely upon disagreement.'
- Karl Popper (1902-1994)
mercredi 28 juillet 2010
La citation du jour
Everyone is doing the right thing. Households are reducing spending. Business is reducing its costs. GDP growth is falling and investors are taking shelter in Treasury debt.
So what’s the problem? Well, the feds can’t bear to see people doing the right thing. They want them to do the wrong thing – that is, they want them to spend money they don’t have on things they don’t need. Why? Because it makes the economy look good…and makes them look like they know what they are doing.