RE: FORBES OP/ED blasts the global market.
May 20, 2019 at 7:32 am
(This post was last modified: May 20, 2019 at 7:33 am by BrianSoddingBoru4.)
(May 20, 2019 at 7:20 am)Brian37 Wrote: IT is refreshing to see a financial magazine of that scale to post an opinion from someone who points out a very real problem.
Passing money around between billionaires worldwide, is simply a competition between the already uber rich. It is short term thinking which is basically gambling between the top, having little to do with providing stability to workers worldwide. You cant rid the world of exchanging resources because every human needs resources. But the planet cannot afford to simply treat markets as toys for billionaires.
https://www.forbes.com/sites/jeffmcmahon...7f8b424f17
I find it more than a little (sneaky? disingenuous?) of Forbes to mention that Chu is a Nobel laureate, but fail to mention that he's NOT an economist. He's a physicist and a good one, but does that qualify him to pontificate about the world economy?
Boru
‘I can’t be having with this.’ - Esmeralda Weatherwax