Low level Madoff aide gets jail time. Criminal Wall Street bankers, NOT. More Debt Doomsday stupidity. What happens when the robots make everything?
Tuesday, Dec 9.
An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Low level Madoff aide gets jail time. Criminal Wall Street bankers, NOT. More Debt Doomsday stupidity. What happens when the robots make everything?
Tuesday, Dec 9.
Well, the annual get together of that elite cadre of egotistical, clueless, financial bozos is underway again. No, I'm not talking about a JP Morgan board meeting, but rather, the Ira Sohn investment conference.
Last year's big idea? Buy gold. That worked out well, didn't it?
I wrote about it, here.