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About Me
- Dr. Steven Morphy-Godchaux III
- Dr. Steven Morphy-Godchaux III was born and raised in New Orleans. He is a noted researcher in megaphysics. He has lived and worked in Europe, Asia and the Americas in technology and technology management. For relaxation he plays the oboe and carves and paints award winning duck decoys.
1 comment:
Soros may be right, but that's not the point. The point is that in the housing bubble burst, the losers were the trusting home-owners and the big banks throughout the world. But there were winners, like me, who can now buy property real cheap!
No matter what stock sells for, whether shares or housing stock, there are winners and losers, making it a zero-sum game as far as that goes, but a positve-sum game for the economy in the end, once capitalism's creative destruction has shown its effect.
Only government intervention, as in the Great Depression, can manage to make everyone a loser.
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