In the DR last week, I took aim at the shoddy advice and fraudulent acts endemic in the financial planning and fund management industries.
In the real world, this form of financial advice and investment self sufficiency is in the minority. The investment industry still holds sway over the agenda...
Financial markets and institutions are mighty unstable no matter where you look these days. Europe, America, China, Australia. Where are you supposed to go to invest your money?
Today's story is how the investment world you live in came to be...and how we're on the edge of a great leap forward...or a great leap into a deep abyss. If you don't have time to read it, go over to Facebook and tell everyone you're too busy to read about the most important investment story of your life.
Friedman is, as we all know, full of advice on just about everything. He advises finance ministers on how to soup-up their economies.