27 September, 2011

Telling it like it is

As usual, the traders (whose livelihood depends on having clear perceptions) are a lot more accurate than the politicians (whose livelihood depend on distorting the perceptions of others) and more likely to tell it as it is.*

*Unless they are on CNBC, or course, where their primary job is to sell bad stock tips to gullible investors.

UPDATE (Sept. 30th):  It appears this guy's a real clown.  Not a professional trader, runs a failing professional speaker's business.  On the other hand, he's not one of the "Yes Men" and he's saying what many are saying elsewhere--just not on BBC.

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