Evidence capitalism works
I recently came across the following entrepreneurship ranking which I found quite interesting. The list is produced by amalgamating the World Bank’s Doing Business Report and the Global Entrepreneurship Monitor produced by Babson College and the London Business School to create an entirely new ranking referred to simply as the “FSB score”. Combining both these sources with equal weighting creates a new figure that takes many things into account, including: starting a business, operating a business and something called high-expectation entrepreneurship. The savior of western civilization?
Expect to hear a lot about “sovereign funds” in the near future The financial industry is on the verge of collapse. Losses from sub-prime loans could exceed the entire American banking industry’s capital base. With such a terrifying prospect looming on the horizon, it’s no surprise bankers have their eyes on the world’s last pot of gold — sovereign wealth funds. 2008: The year gold goes mainstream?
Those of us who invest in gold may already consider it to be mainstream, but if you ask most casual investors, more likely than not, they have never really considered buying gold. They may not even know it’s a serious option. For them, perhaps the ubiquitous cartoon image of a bag and big black printed dollar sign comes to mind. But now that ETF’s are beginning to enter the language of typical mutual fund investors, gold bullion has become more accessible than ever. The MSM just doesn’t get it
Ron Paul is excluded from the next FOX news debate. Everyone is disgusted with both party establishments and this only serves to remind us why. Of course we would rather Ron Paul be on stage, but what FOX news doesn’t understand is that a major part of his appeal is his ability to make the Republican establishment feel pain and humility. The more they play to Ron Paul’s outsider image the more he appears to be the only guy capable of truly significant changes and the more his appeal will ultimately grow. |

