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Wednesday, January 14, 2009

Wednesday Recap for January 14, 2009: "Dans Recession Editorial" Episode

"No act of kindness, no matter how small, is ever wasted." - Aesop (620 BCE - 560 BCE)

This "Wednesday Recap" podcast is a little more 'reflective' and 'editorial' in nature. I firmly believe that what has to change to make the world a better place? You don't need 'better politicians'. You don't need 'better economics'. You don't need a 'new idea'.

You need better people. I've said it again, and again and again and again. The problem isn't the economy. The problem isn't the currency. It is people. Humans. Our base nature.

Although at times I have defended Capitalism against what I feel are ‘false charges’. Capitalism did not cause this mess. I more clearly state why I do not consider myself a Capitalist, as this recession begins to heat up. Captialism cannot produce kind-hearted people. And the lack of kindness, is how the Bernard Madoff's of the world come to exist, and destroy economies ...

(Podcast Included. If you're seeing this from Email subscription? Click on the Title Link in the Email to hear the Podcast ...)

Click here to download this podcast.

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Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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