That I totally agree with. Plenty of Noble's like Obama's after he had done nothing etc.
As for Schiller I was just implying that he must be an economist of note. I do vaguely remember the name from some Finance textbooks at University that seemed to quote a lot of a dude named Schiller so he must be pretty good.
Obama was as useless as tits on a bull, he was full of rhetoric and PC feel good talk. PS-Schiller a pretty respected dude in his field.
Hmmmm....And Berkshire Hathaway has gradually removed 66% of their market exposure and gone cash...
Arc, might be a good idea to check your source for this info as often similar claims are used as click bait and scare tactics warning of an imminent market crash.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Yes, good post. Interesting. Looks like recession is not bearing down on us just yet.
I just watched this today from Real Vision "The Evolving Role and Value of Gold in a Modern Portfolio". Very good video. Once I make my decision to buy something (in this case gold via Perth Mint Gold fund which only has a 0.15% fee) I then search the internet to reinforce my decision.
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