Friday, December 30, 2005

Totalitarianism Bad for Business

The worst performing stock market of the year was (hardly surprising)...Venezuela. What you say? OPEC's #5 exporter in the Year of High Oil? Yeah well, an increasingly brutal dictatorship aggressively pursuing socialist economic policies will do it everytime.

Bloomberg has the story.


Blogger Bat One said...

A little off topic, I suppose, but perhaps sometime after the holiday you could address the question of the inverted yield curve, and what it might presage for the new year. Thanks, and Happy New Year!

Bat One

6:28 PM  
Blogger Donny Baseball said...

I will do that. Give me a few days.

1:41 PM  
Blogger Donny Baseball said...

bat one-
Some commentary is up, titled "I Got Into College. This is terrible."
D. Baseball

1:38 PM  

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