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But the only green shoots that many non-Wall Street types have seen lately are the weeds sprouting in the parking lots of abandoned malls. Unemployment is marching toward 10%, and house foreclosures are still rising. If you're a day late with your credit-card payment or overdrawn by...
Without a doubt, the financial meltdown and its ensuing horrors began on Wall Street. However, Main Street is not a totally innocent lamb in all this. Yes, the greedheads tempted us with mortgages and other products we couldn't afford. But you could have said no, as many of us...
3) Put not your faith in the Fed or Uncle Sam. During the 1982-2000 stock-market boom and the long economic expansion, people foolishly began to think that government officials like former Fed Chairman Alan Greenspan (formerly the "Maestro" and the man who helped save the world, now Alan...
4) And for heaven's sake, don't put your faith in Wall Street. Never, ever. Left to its own devices, the Street will go to excess, as we've seen from two bubbles (tech stocks and houses) that have burst within the past decade and two more that are...
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