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First recorded activity by BoatBanter: Jan 2007
Posts: 388
Default At what point will...

Boater wrote:
...America small investors realize the "stock market" is nothing more
than a casino, and look for safer and more productive places to stash
their nest eggs...

Like a cookie jar or under the mattress?

I'd like to see FDIC guarantee limits raised to, oh, a million dollars,
on a permanent basis, and see banks who participate excluded from stock
market investments, but not from those start ups that pass a prudence test.

I think we'd see a dramatic increase in the rate of personal savings in
this country and if corporations have to find a different way to finance
their malfeasance, well, let them go for it.

This shows a complete lack of understanding of any economic system by a
liberal. Even in a complete agrarian society, equity is stored in land.
If equity can not be converted to services, the economy fails.

For the above person equity is what you are putting in your piggy bank.
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