Tue 27 May 2008
So I was up near a job re-training facility near Springfield MA. They had a list of companies from which employees could utilize their service if they were terminated. What jumped out at me was that the Federal Reserve Bank was on the list. That is right, the place that prints our paper money, is firing people. Top this off, I was on my way to lunch, and a lady comes up to me begging for money. I was shocked, I only saw this sort of thing when I traveled overseas to developing countries. This was Massachusetts. If my short riff was not enough to scare you, take a read of this article that included a discussion on a recent panel with Nouriel Roubini.Eye Opener