Four time bombs that will blow up Wall Street

Forum: Investments
Author: [Investments] Topic: Four time bombs that will blow up Wall Street
LeRinkRat PM LeRinkRat
Joined: Dec 2001
Posts: 71402
Nevada
 
LeRinkRat
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Posted: 3/3/2011 7:12:07 PM

ref: http://www.marketwatch.com/story/four-time-bombs-that-will-blow-up-wall-street-2011-03-01

good article by Paul B Farrell. his "four time bombs" as listed on page two are...

1. Wealth gap: Super-Rich vs class wars, death of democracy

2. Wall Street’s doomsday capitalism vs rule by anarchy

3. Pentagon’s perpetual war machine vs America’s budget time bomb

4. Global population explosion vs resources, jobs, better lifestyles

bucknuts PM bucknuts
Joined: Oct 2005
Posts: 8188
United States
 
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Posted: 3/5/2011 4:25:31 AM
Used to be CEOs made around 70 times the employee...now the average is 1000X...the old saying is right the rich get richer..middle class and poor are to poor to fight a class war...game over
gamble04 PM gamble04
Joined: Sep 2001
Posts: 4869
Texas
 
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Posted: 3/11/2011 1:33:22 AM
QUOTE Originally Posted by LeRinkRat:

ref: http://www.marketwatch.com/story/four-time-bombs-that-will-blow-up-wall-street-2011-03-01

good article by Paul B Farrell. his "four time bombs" as listed on page two are...

1. Wealth gap: Super-Rich vs class wars, death of democracy

2. Wall Street’s doomsday capitalism vs rule by anarchy

3. Pentagon’s perpetual war machine vs America’s budget time bomb

4. Global population explosion vs resources, jobs, better lifestyles

interesting article

TILTOLOGIC PM TILTOLOGIC
Joined: Feb 2007
Posts: 5208
Uganda
 
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Posted: 3/23/2011 4:20:09 PM
Could the future be any more bleak?

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