Most of the time, business news is a complete waste of time. You often get bulls and bears yelling at each other over whether the market trend is up or down.
Sometimes, you get magic like in this CNBC segment featuring the legendary Pete Petersen and the former Comptroller General, David Walker, whose quote has been positioned at the top of this blog since its inception. This round table is straight-to-the-point, macro wisdom from two legends that have seen a lot of important trends over their careers. They see tough times ahead and they lay out all the reasons why things will likely get worse before they get better...and they will get better after a thorough cleansing of the financial system and general economy.
Sometimes, you get magic like in this CNBC segment featuring the legendary Pete Petersen and the former Comptroller General, David Walker, whose quote has been positioned at the top of this blog since its inception. This round table is straight-to-the-point, macro wisdom from two legends that have seen a lot of important trends over their careers. They see tough times ahead and they lay out all the reasons why things will likely get worse before they get better...and they will get better after a thorough cleansing of the financial system and general economy.
