Two what seem to be excellent articles at Market Watch / WSJ today.
No Bubble; Markets Just Don't Work Anymore
Hundreds of Madoffs Are Ripping People Off
 
Unfortunately the WSJ and my computer are incompatible some days
and this is one of them.
 
The "no bubble" article could be Very Important.
If it is true that markets themselves are ceasing to function that would  
mean
that the most important fundamental in capitalist economics no longer
can be depended upon, which would be huge.
 
There is good reason to be skeptical. However, even a problem like
increasing market irrationality would be important.
 
I will try again to access this article, later, so far each time I  have 
tried
the Market Watch site gums up my computer.
 
Billy
 
 
 
 

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