Financial Meltdown.. where ?

July 12, 2010 - PRLog -- Everyone lost money is the statement many people give as to why they not investing, after all, if all the banks went down and the auto makers, the building societies and hedge funds lost money , what is joe ordinary to do . Well truth to tell if when the purported crash happened he had put his money simply on the recovery wave he would by now be over 150% richer from those sectors that disappeared . Ford predictably did not borrow money , but the others did , can you think of a better way to smite the power of the unions than to go into chapter 11 . The banks , long criticised for toxic debt did a concerted dumping of all that was bad , ( like we don't clean house at times... haaa ) and following that without provision for bad debt , their balance sheets p&l and share values went up as did the hedge funds, newly nationalized ( but in the public purse ) building societies .
Now they are awash with money and looking for places to put it and looking for investors to ride on their coat tails for the next 12 years cycle . Although there are no crystal balls there are tremendous opportunities if you take of the blinkers and take on the risk

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