tag:blogger.com,1999:blog-3862216000300765627.post6233708215508983962..comments2024-01-16T03:42:46.705-05:00Comments on The Downward Spiral: Australian Investor: America Has Become a Bad BetBill Hickshttp://www.blogger.com/profile/17551954408189665078noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3862216000300765627.post-14282718864998170512011-10-03T08:02:42.342-04:002011-10-03T08:02:42.342-04:00"geriatric fruit fly intellects" lol ok ..."geriatric fruit fly intellects" lol ok the language was pretty colourful but did paint a rather irritatingly accurate picture... <br />For foreigners, the problems are magnified by their level of investment in the United States. Pulling out of an investment at a loss is never a welcome idea, but sticking around and just taking more losses is even less palatable.<br /><br />Foreign investment in the US used to be a very good idea. It’s now looking like a particularly efficient form of suicide, particularly in equities and capital investment. The business culture in the US is also an acquired taste. The vast array of useless, overpaid and underachieving networking middlemen is hardly a recommendation. The “thought leaders” are senescent jokes, looking more like they’re doing a crossword than any actual thinking about major issues.<br />I have to agree with you Bill. It would be far more useful i believe to actually mention *continuous growth models* or *cheap oil* and the lack of such mentioning is distinctly myopic and tremendously BAU thinking.<br /><br />I concur......what is important I believe about this article is the fact that it WILL encourage investors to pause and will hasten a crash if the meme and thinking becomes more wide spread. Worth watching for sure.Redreamerhttps://www.blogger.com/profile/08945189047249283578noreply@blogger.com