Government interventions turn investing on its head
'Forget the return; it is negative and it will be for some time.'
Guest Column: David F. Brochu
Wall Street has pulled off the greatest scam of all-time. I am not talking about the TARP plan, QE 1, 2 and soon 3, or even the transfer of trillions of dollars to the world’s banks through negative real interest rates set by the Fed. Rather, the extraordinary sleight of hand that Wall Street has pulled off is the transfer of risk from virtually all forms of investing to the government. More
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