Gordon T. Long took time to speak with us today. Private Equity funds own over 40 percent of the businesses in the United States today. But they’re heading to greener pastures, in the Cayman Islands and around the world. There’s a fire sale taking place in Southern Europe, Asia and Africa and the private equity funds are picking up bargains by the bushel full. This trend is accelerating and the stock market will head higher. But beware, hyper-inflation is coming and mal-investment is escalating. Interest rates are eventually going up and dramatically so. Rates can’t be kept near zero for ever.
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