Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
Thursday, July 19, 2012
One Picture is Worth . . .
Great illustration on the cover of Bloomberg Businessweek.
The cover story is one that wealth managers and their clients will be chatting about: Does more economic pain produce quicker gain?
I choose austerity in that there should be a stern stance on boosting the economy over stimulating the economy with whims that are not long lasting or even effective.
3 comments:
Great link, Jim. Great to read about Estonia's success. They were always the leader among the Baltic states, by virtue of their proximity to Finland.
I thinkconverting available liquid cash into property is a wise decision. Sir ed butowsky chapwood
I choose austerity in that there should be a stern stance on boosting the economy over stimulating the economy with whims that are not long lasting or even effective.
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