I am a consultant, so I don't have employees.
The biggest thing to remember is: watch the news concerning the derivatives market. That is where the real serious problems that can bring our country to a screeching halt reside. The mortgage issue is related, but just a small subset of the derivatives.
“The biggest thing to remember is: watch the news concerning the derivatives market. That is where the real serious problems that can bring our country to a screeching halt reside”
ok...and what kind of news about derivatives might cause me to start breathing into a paper bag? :)
Derivatives is a four-letter-word. The dot com crash was also littered with them.
The role of regulation by the government in capitalism is to keep greed under control so that enlightened self interest can drive the market. Derivatives have nothing behind them an are uncontrolled greed. They should be regulated out.
Just my humble opinion.