___The best investment in America is a highly leveraged fund that - TopicsExpress



          

___The best investment in America is a highly leveraged fund that invests only in large cap companies that are buying back their own stocks. Many of the firms repurchasing their stocks are borrowing in order to push up their stock prices, executive “performance bonuses,” and shareholders’ capital gains. The debt incurred will have to be serviced by future earnings. This is not a picture of capitalism that is driving the economy by investment.
Posted on: Fri, 03 Oct 2014 07:18:33 +0000

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