My simple policy is: any man made commodity (money, stocks, trade) should always be dealt in a way that, man is at the top of the schemes; and any natural commodity (oil, water, forest, and subsequent economic equivalents) should be allowed to lead the way and managed around. The recent financial turmoil in US was invariably the result of allowing mortage funds to lead its own way and define the market.
An article which came in 'the Hindu' gave wonderful depiction of this.
http://www.hindu.com/mag/2008/10/05/stories/2008100550010100.htm
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1 comment:
Hi,
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Thanks for sharing!
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