Mike Larson writes: I invest prudently to help ensure the future financial well-being of my wife and two daughters. And Martin, who visited us recently, shares the same philosophy.
But when future history books are written on the twenty-first century, they will probably show that this time — right now — was the most dangerous for investors in decades.
Just look at what’s happened in the last ten days.
We’ve seen the U.S. government throwing money at the credit crisis with wild abandon — cranking up the total cost and potential liability of fighting this disaster to more than $2.5 trillion.