Saturday, September 27, 2008

"What Years of Neglect and Lack of National Policy is Creating"

Although this was intended to be more of a personal journal, the recent political scene and financial crisis have interceded, and I’ve been somewhat consumed by these events. Their tentacles wrap around one’s personal life. It is hard not to obsess over our country’s future, and the world our children and grandchildren will inherit. Although I have referenced other writers and their opinions in these pages, most are my own.

But sometimes you come across something that just says it exactly as it must be said. In these rare cases it is best simply to pass it on and that is what I am doing here. I’ve mentioned “Trader Mark” before, a young man who is running a “virtual” mutual fund in the hope of starting his own. He provides a running commentary on the logic behind his trades and the portfolio and he usually intersperses those with social and economic commentary as, in the long run, these things are all related.

Here are links to two recent articles which says it better than I ever could – how the rest of the world sees our economic struggles and how utterly beholden we have become to economies we used to consider third world. The subtitle of the first says it all: “What Years of Neglect and Lack of National Policy is Creating.”

Interesting Reactions Worldwide - What Years of Neglect and Lack of National Policy is Creating
Views of the U.S. from Abroad