Intangible exports
January 22nd, 2005 by 
InLibrisLibertas
An exceptional piece; The dangers of exporting democracy. Perhaps a tad political, but the disconnect between the Bush administration and reality is a key issue for financial markets. As this disconnect becomes apparent, look out below. Right now, markets are being sustained (albeit poorly the last few weeks) by faith - faith that nothing will go seriously wrong.
Posted in Truth and Trivia | 