Salient to Investors: Jim Rogers writes: For a few thousand years, when people got into trouble and failed, competent people reorganized the assets and started over. Today, America and the West are kicking the can down the road and letting the incompetent people take over the assets from the competent
READ MORE... →Salient to Investors: Fareed Zakaria said: The US has put its credibility on the line and will find it extremely difficult to keep its actions limited in a volatile situation. Ousting Assad would almost certainly lead to chaos and the ethnic cleansing of the Alawite sect and perhaps of other
READ MORE... →Salient to Investors: Joseph Stiglitz said: The richest 1% of Americans have doubled their wealth since 1980 and now hold 25% of the country’s wealth, yet the median income level in the US had not changed since the early 1990s. The American dream has gone: the US has one of the worst
READ MORE... →Salient to Investors: Shane Brett at AllAboutAlpha writes: The long-term outlook for the US economy is broadly positive with housing stabilized, consumer confidence slowly returning, political instability solved by Obama’s decisive win, and as health spending increases under Obamacare. Cheap domestic energy will continue and the US will seriously expand
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