"'Depart from me, you accursed, to the proud one and his minions. For I was hungry and you gave me no food, thirsty and you gave me no drink, a stranger and you gave me no welcome, naked and you gave me no clothing, ill and imprisoned, and you did not care.’ Then they will answer, 'Lord, when did we see you hungry or thirsty, a stranger, naked, ill, or in prison?' He will answer them, 'Amen, I say to you, what you did not do for the these least of these, you did not do for me.’" MT 25:40-46
The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustainable recovery.
Welcome to Jesse's Café Américain - These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from learning by my mistakes, which are many. As a standing policy I never provide individual investment advice to anyone. I will only occasionally disclose my personal positions for purposes of illustration. Understand that my own circumstances could differ greatly from your own, and therefore what is suitable for me may not be suitable for you. My comments are intended to be reflection on general macro financial and economic events and trends.