11/20/09 Falun, Sweden – The expensive stimulus procedure intended to save the economy from its depths has hardly worked. Perhaps it seemed at first like a simple nip and tuck… the rising market has at least made things look a little better.
However, the operation actually came by way of extracting many of the economy’s critical organs — jobs, the financial health of the nation, the integrity of the US dollar, and so forth — basically the ones necessary to keep it alive.
Rocky Vega
Rocky Vega is publisher of The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.
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Right On Rocky,
Yes, it is harder to get a job, oil, coal, they are working on destroying medical care and damn it have you tried buying a gun or ammo lately?
I this keeps up, instead of Whiskey and Gunpowder I will have to settle for Beer and Arrows.
The indignity of it all.