tipping point for american capitalism

[zdreg]

Death Of U.S. Capitalism: The Final 10 Scenes
http://www.foxbusiness.com/story/markets/industries/finance/death-capitalism-final--scenes/#



of course since this implies the US will become a 2nd or 3rd world country expect this thread to be shunted to chit chat or politics by someone with fat fingers.

the tipping point is 2012 according to charles munger warren buffett's partner author of the orginal essay.

 

[zdreg]

actually this subject is covered by the following thread:

http://www.elitetrader.com/vb/showt...rpage=10&highlight=world country&pagenumber=1

 

[thisisnotsurfer]

Mungers an old washed up guy looking for attention. or perhaps his final manifesto.

I would not place much credence in anything he says/thinks about the future.


TINS

 

[jueco2005]

Nice article. Thank you.