dimelab dimelab: shrinking the gap between talk and action.

Faber sense Topic in The Credit Debacle Catalog

Mish's Global Economic Trend Analysis Fri 2009-10-23 09:07 EDT

Death of the 'Soul of Capitalism'

Paul Farrell on MarketWatch is writing about the Death of the 'Soul of Capitalism', referring to Jack Bogle, Marc Faber, and Michael Moore. Has capitalism lost its soul? Guys like Bogle and Faber sense it...Virtually everything that failed can be traced back to government intervention into the free markets, especially the creation of the Fed itself.

capitalism; death; Mish's Global Economic Trend Analysis; souls.