Your editor witnessed some history up close and personal last night. That is, we were in the auction room at Christie's when the Da Vinci went for $450 million. The madcap bidding between two unidentified telephone buyers went on for 20 minutes as one milestone after another was left behind in the dust. By our way of thinking, so was sanity. At a rate of $333,000 per second.
Top's In----$333,000 Per Second At Christie's Auction
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.