Wake me up when there’s some good news.
Once the Bush tax cuts expire and capital gains goes up the fed will get a windfall on all the sales just prior to the hike. Your equities will take a big hit but the fed will get a nice end of year bonus.
That make you feel better?
“Wake me up when theres some good news.”
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Okay, the good news is Rogers is wrong about the country running out of trees to make paper money. American paper currency is not made from wood, it is printed on 100 percent rag content “paper” that is made from cotton denim cloth, old Blue Jeans in other words. Be sure to turn in your old denim clothing for recycling. If “paper” money were printed on actual wood pulp paper it wouldn’t last long enough to be worth printing it.
You can go back to sleep now.