USA blog: 'The American economy is broken, man'

The last think I expected when hopping into my first cab in New York City was a discussion about Ben Bernanke and the US economy.

clock

The last thing I expected when hopping into my first cab in New York City was a discussion about Ben Bernanke and the US economy.

I am sure everyone who has visited NYC before has their own yellow cab story, as most people do with the London black cabs. But unlike subsequent trips, where the discussion often leads to the Yankees or the US Open tennis, this particular driver was more keen to vent his anger over the handling of the economic crisis. Here are the main excerpts of the conversation. Cabbie: I hear an accent, where are you from, man? HK: I'm Australian but I live in London. Nice, I like the look of London. I have never been, but I want to go, but I hear it rains all the time. What brings you to N...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Stable, long-term returns: Three reasons to invest in private credit

Stable, long-term returns: Three reasons to invest in private credit

'Private credit has emerged as an attractive opportunity for investors'

Albane Poulin
clock 14 May 2024 • 4 min read
Ten common investment mistakes to discuss with clients

Ten common investment mistakes to discuss with clients

Seeking professional financial advice builds investment confidence

John Moore
clock 13 May 2024 • 4 min read
Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Targeted at sustainable, forward-thinking finance professionals

Professional Adviser
clock 10 May 2024 • 1 min read