It is not just 'budgets' that are getting cut.
The "smart" money...at least the "serious" money is cutting their exposure/risk to the economy.
Barton Biggs, the guy who runs Traxis Partners, a $1.4 billion fund sold HALF his stock investments last week. Half.
- He is worried about a further 'dip' in the economy and wants to cut his exposure and risk at this time.
- He...and many others...are busy raising CASH and not putting any money into anything.
This can also be seen as a perfectly rational response to today's prevailing Marxist-collectivist agenda. Private property and wealth is NOT safe from Communists!
- Redistribute your own money, before they do it for you!
Monday, 5 July 2010
Half...........from Rico
From Theo Spark at 08:58
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