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GOLDMAN: The World's Going To Hell In A Handbasket -- Here's How To Cash In!

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LetTimmySmoke Donating Member (970 posts) Send PM | Profile | Ignore Wed Aug-31-11 10:51 PM
Original message
GOLDMAN: The World's Going To Hell In A Handbasket -- Here's How To Cash In!
Goldman Sachs has published a semi-secret 54-page report for hedge-fund clients arguing that the world's going to hell and recommending ways to cash in.

The WSJ's Susan Pulliam and Liz Rappaport got their hands on a copy.

The report is not an official Goldman research report.

It's an unofficial Goldman research report--the kind you really want to read.

In the report, Goldman strategist Alan Brazil argues that:

European banks need $1 trillion of capital (bailout)
US small businesses are still sucking wind (and they're the ones that create jobs)
China's growth is probably not sustainable
Solving a debt problem (ours) with more debt doesn't work

Read more: http://www.businessinsider.com/goldman-the-worlds-going-to-hell-heres-how-to-cash-in-2011-8#ixzz1WfYoFIZL

_________________________________________________________________

Martin Luther King once said that you ultimately cannot have harmony without justice. The same holds true for the economy - you can't have economic health without economic justice.
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 11:26 PM
Response to Original message
1. You Can't Have an Economy Where All the Money Is Hoarded
The hoards have to be busted open and redistributed by either taxes or confiscation by mob. Your choice, Obscenely Wealthy!

And taxes must prevent the re-establishment of hoards, by regulations.
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MilesColtrane Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-31-11 11:29 PM
Response to Original message
2. Tip No. 37: Pliers make a handy tool for removing the gold teeth from senior citizens!
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-01-11 10:52 AM
Response to Reply #2
3. Bingo! Touche!
:applause: :patriot:
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