On today’s show we are talking about the crisis of confidence in an entire nation.
The UK might go down in history as a case study in how not to handle a period of financial turmoil.
I am not one to dive into the political fray and point fingers at politicians. But this one was so egregious that it needs to serve as a cautionary tale to investors about what can happen when ignorant people are put in positions of power. That power can be put to enormous good when aimed in the proper direction. Equally, that power can truly mess things up when a politician or a public official does the wrong thing.
Host: Victor Menasce