Thanks to Kevin Duffy: Greenspan refused to let people fail. And so we’ve had no failure in the financial community and now we’ve spent trillions of dollars bailing out Wall Street for their mistakes and that’s damaging the whole economy – 300 million Americans to bail out a million people and their failures. This is not good for America. We’re damaging the system. We’re weakening the system dramatically. Why are we bailing out Citibank? Why are 300 million Americans having to pay for Citibank’s mistakes? The way the system is supposed to work… people fail, and then the competent people … Continue reading Jim Rogers and Marc Faber on Failures