The update below is as scary as the gains are fictitious. Yet instead of
acting as a wake up call, currency markets keep attracting players,
rather than regulators.
Natalia
*NC Policy Watch
<http://www.blogger.com/%20http:/pulse.ncpolicywatch.org/2010/11/01/david-stockman-describes-all-calls-for-new-tax-cuts-are-%E2%80%9Crank-demagoguery%E2%80%9D/>*-
[On 60 Minutes, David Stockman cited] a remarkable statistic: "In 1985,
the top five percent of the households -- the wealthiest five percent --
had net worth of $8 trillion -- which is a lot. Today, after serial
bubble after serial bubble, the top five per cent have net worth of $40
trillion. The top five per cent have gained more wealth than the whole
human race had created prior to 1980."
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