GuruFocus Updates 11 March 2010 Featured No Comment

By David Merkel. Okay, here is tonight’s rule: Governments that scam the asset markets (and their citizens) take all manner of half measures to defend failed policies before undertaking structural reform. (This includes defending the currency, some asset sales, anything that avoids true shrinkage of the role of government.) The five stages of grieving apply here. Read more » »