Reply #5: Absolutely. We've traded manufacturing of goods for manufacturing of 'paper profits'. A guy on TV [View All]

[sinkingfeeling]

claimed that if you had any brains you'd be buying up oil, gold, and food commodities. That's where the money is!! Just look at all the 'financial' markets that came into existence from the late 1970's till now. 'Mortgage brokers', hedge funds', 'package mortgages', mortgage securities, etc. All of them needless ways to make a few people very, very rich.