Goldman Sachs has published a semi-secret 54-page report for hedge-fund clients arguing that the world's going to hell and recommending ways to cash in.
The WSJ's Susan Pulliam and Liz Rappaport got their hands on a copy.
The report is not an official Goldman research report.
It's an unofficial Goldman research report--the kind you really want to read.
In the report, Goldman strategist Alan Brazil argues that:
European banks need $1 trillion of capital (bailout)
US small businesses are still sucking wind (and they're the ones that create jobs)
China's growth is probably not sustainable
Solving a debt problem (ours) with more debt doesn't work
Read more:
http://www.businessinsider.com/goldman-the-worlds-going-to-hell-heres-how-to-cash-in-2011-8#ixzz1WfYoFIZL_________________________________________________________________
Martin Luther King once said that you ultimately cannot have harmony without justice. The same holds true for the economy - you can't have economic health without economic justice.