I started this blog in June 2007 asking these questions: Are we in a massive asset bubble that will blow up in our faces ??? - ANSWERED YES ! Is western and particularly British society on the verge of social collapse??? What are the best common sense long term investment strategies to keep you rich? When will consumption/debt bubble economics end and a real savings/production economy begin ???

Monday, 6 October 2008

Goldman is getting the best of the credit crisis

Not often do you regard a company whose stock is about 50% off its 52-week high as a success story.
But a success is exactly what Goldman Sachs Group Inc.is shaping up to be at this stage of the credit crisis. If we were to begin the long journey back to stability today, Goldman would undoubtedly emerge even more powerful than before.
Did anyone expect another outcome?

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