Originally posted by Resurrection Man
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Spectacular frequency.Every major bulletin on the TV and radio.
Ordinary fluctuations, as I said, are of no interest to 99% of us 99% of the time, because they matter only to city gamblers.
Our pension funds? Whose? most people I know don't have a pension fund, or have had it stripped bare by politicians. Share capital has to be raised. Most of the rest of the activity, including currency markets , is parasitical
As for sweeping generalisations...Its great to know that you can work out everything I know and think about finance from one short post. That is clever.
What you call sweeping generalisation is what some people call an opinion.
You know what, RM. I have spent the last 25 years selling British goods to British firms. I have seen and been involved in a lot of wealth creation. partly as a result , I know a financial parasite when I see one. And when I look at the city and banks I see a LOT of them.
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