Tuesday, October 6, 2015

Billions and billions

Moral: Wherein we mention that Ben has his book and that Janet still does not see a bubble.

Yet, we see this story. That is, the financial firms (according to an article on Yahoo) had profits amounting to multiples of billions in 1/2 of the year.

Now, juxtapose that with the latest that I saw from a bank visit. Savers are getting 0.08% for their money. That is less that 0.1% which is as close to zero that you can get.

Remarks:  Modified: 10/06/2015

10/06/2015 -- Now, remember our put on "Beyond your wildest dreams" from earlier this year. Yes, those who run the financial realm rake off of the top. In essence, they de-cream so that we all get less of the fat.

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