Liebe Investmentbanker, wie wäre es mal mit der Produktion von echtem Mehrwert?

We’d contend that the vast majority of small businesses and enterprises make their profits the old-fashioned way: they earn them! They don’t lie, cheat, steal, or deceive.

Quelle: Aaah, the French

The solution, of course, is not to borrow more money and give it to people to spend. That is not real wealth creation. It is just money shuffling. The solution is creating wealth by producing things of value that people want to buy. This does not include CDOs, RMBS, and synthetic ETFs.

Quelle: Distortions and Imbalances