Alstrynomics Proves Right Again
The premise of Alstrynomics is simple:
The INDUSTRIAL BASED ECONOMIC MODEL (and current Economics as currently perceived) is rapidly becoming obsolete, and absent a government bailout of financial assets, it would ostensibly be dead.
BUT IT IS NOT THE END OF THE WORLD
A new highly efficient sustainable CLOUD BASED ECONOMIC MODEL is being developed and rapidly implemented heading us into the www.udderworld.com
And this is written.......absent government providing MASSIVE HANDOUTS to Industrial Financial Assets, those perceiving they are wealthy would be broke....Warren Buffett confirmed this in his oped piece in the NY Times.
Sit back and watch the collapse of the Industrial Age...as you were too busy staring at the ticker:
Consumer Bankruptcies on the Rise: Equifax
The Global Recovery is Over: Siemen CEO
Newell Rubbermaid cuts outlook
Motorola Mobility Outlook Disappoints
Toyota Sees No US Rebound Until September
Southern New Hampshire Medical Center - 6% of Workforce
HSBC Bank - 10,000 Job Cuts Reported
Debt Deal or Not, Weak Economy is Likely to Suffer