Ask any entrepreneur you know and they’ll tell you that raising money is the hardest thing they have ever done.
Sure there is a ton of money out in the world. That’s why prices for dot coms went way up. And despite the subsequent bust, it didn’t stop money from moving into real estate. And when real estate busted, it hasn’t stopped money from moving into metals, oil and other commodities with astonishing rapidity.
Despite a sluggish economy in the U.S. in the last decade, world GDP had roughly doubled in that time from $32 trillion in 2000 to $63 trillion in 2010 according to figures from the World Bank.
There’s no lack of money in the world. It’s just not flowing to U.S. businesses that need it. That's why jobs are being created at such a sluggish pace.
That’s because so much of the concern about financial regulation and transparency has failed to account for the fact that there is more money in the world today than ever before- and that investors need more places to put it, not fewer.
We need more banks, not fewer. We need more public companies, not fewer. We need more insurance companies, not fewer.
Read more: http://finance.townhall.com/columnists/johnransom/2012/08/18/whats_wrong_with_washington_and_wall_street/page/full/
Sure there is a ton of money out in the world. That’s why prices for dot coms went way up. And despite the subsequent bust, it didn’t stop money from moving into real estate. And when real estate busted, it hasn’t stopped money from moving into metals, oil and other commodities with astonishing rapidity.
Despite a sluggish economy in the U.S. in the last decade, world GDP had roughly doubled in that time from $32 trillion in 2000 to $63 trillion in 2010 according to figures from the World Bank.
There’s no lack of money in the world. It’s just not flowing to U.S. businesses that need it. That's why jobs are being created at such a sluggish pace.
That’s because so much of the concern about financial regulation and transparency has failed to account for the fact that there is more money in the world today than ever before- and that investors need more places to put it, not fewer.
We need more banks, not fewer. We need more public companies, not fewer. We need more insurance companies, not fewer.
Read more: http://finance.townhall.com/columnists/johnransom/2012/08/18/whats_wrong_with_washington_and_wall_street/page/full/
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