Financial News on a Tired Monday
I did have every intention on writing something today, but after a weekend of sick kids, I don’t have it in me. Instead, here are some links to Financial News on the internet today.
Why We Borrow Until It Hurts
Leveraging Lets Us Gain in the Short Term — and That’s When We Stop Thinking
The U.S. is Choking on Debt Financed Expansion
There is a marked difference between economic growth and debt-induced demand. Instead of letting the market take its medicine and enter recession in 2001, the powers that be injected fiscal and monetary drugs to dull the pain and induce stock gains.
Ellison’s New Yacht
Larry Ellison already owns the second-largest private yacht in the world — his 454-foot Rising Sun. Now, he’s building another one.
Wouldn’t it be nice if Larry Ellison just decided to share his money! Thanks for the news on a slow Monday. Great website you have here. Great motto too!
Comment by tv on the web — March 24, 2008 @ 4:29 pm