"The forces of the market are just that: They are forces; they are like the wind and the tides; they are things that if you want to try to ignore them, you ignore them at your peril, and ... if you find a way of ordering your life that is compatible with these forces, indeed which harnesses these forces to the benefit of your society, that's the way to go." -- Arnold Harberger, University of Chicago Economist
Saturday, August 30, 2008
Jim Cramer - "It's Armageddon our there!"
I don't like Jim Cramer, but, he is entertaining. This clip is from August 6, 2007. That was about the time when it was becoming clear that significant problems were brewing in the financial markets.
