It would take a very stupid person to invest in America under the current regime. In fact, anyone with a half working braincell would be looking for ways to move whatever wealth he has in America OUT of the country to somewhere with some fiscal sanity.
Where and how?
“It would take a very stupid person to invest in America under the current regime.”
True, but when deflation and Chairman Maobama’s reign have both run their course, there will be some very good bargains for those with cash.
Or a person who reasonably expected good returns. At the margin, Obama is a disaster for the economy. A lot of capital flowed into the United States because it was once viewed as the last bastion of free market capitalism. Now that we have shown ourselves to be one election cycle away from turning into the most antibusiness regime imaginable.