America on a Shaky Bridge Over a Volcano Leo Tilman
"But, the rest of the financial industry does not warrant as much optimism," says Leo Tilman, president of L.M. Tilman & Co. and author of "Financial Darwinism: Create Value or Self-Destruct in a World of Risk." "We're seeing a lot of very similar behaviors that have led to the previous crisis."
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Hi. I agree that there is not much space for optimism. The whole US is in debt and even though the government tries to deal with it I don't think their reforms will have any effect. Moreover, I am afraid they will lead to even bigger debt. The worse is that the US economy influences the world economy too, so the US is, in fact, responsible for the crisis anywhere else.
ReplyDeleteTake care,
Julie