austindefender

Criminal defense in Austin Texas.

Why the Stock Market is a Bad Bet

| February 4, 2009

Suppose there was an economy the entire size of which was 10 trillion dollars, 1 trillion of which was made up of corporate profits.  Suppose further that corporate profits are projected to increase “over the long term” at a rate of 10% per year.  Now suppose the economy as a whole is expected to grow […]