The starting point of my career in money management in 1973-74 was the time of the only true bear market any living non-Japanese investor has seen in major markets. Equities, real estate, you name it, everyone got run over.
Individual liberty, the basic underpinning of American society, requires constant defense against the encroachment of the state.
Obviously, the institution of marriage in America has utterly collapsed.
In the workplace, employees should be judged on their merit and hard work and not on aspects that are irrelevant to their performance.
In both the U.S. and Europe, the budget and balance sheet numbers do not work. When 'off-balance sheet' promises are taken into account, the U.S. and most countries of the Euro zone are insolvent.
