Grandich Observations

The “Don’t Worry, Be Happy” crowd that makes up much of the financial services industry and virtually all the “TOUT-TV Talking Heads”, have made the herd feel nice and fat; but rest assured, when it’s all said in done from the financial crisis about to unfold, the herd will surely end up looking like this:

Here are some worthy articles that share my thoughts and observations:

You versus the 1% – who wins?

“The warning signs had been there since the crash of 2008, but after the initial shock, nothing had been done to correct the problem. Banks had been trading over $7 trillion in risky derivatives daily, as well as fixing interest rates and making bets on the rigged games. There was an ever-growing gap between the elite and all the rest of the people which had continued to develop even after the 2008 crash.”  Kenneth Eade