Financial Folly

Another good , cogent article on global debt and individual investors by Jason Zweig. 2 or 3 very useful tidbits including the study saying debt levels like ours here in the U.S. erode economic growth by 1% per year (not surprising). Later in the article a quote about these "processes not being linear" is oh so true. Finally, the last sentence where Zweig advises investors to "wring your hands while sitting on them". Agreed.