"A billion here, a billion there, pretty soon, you're talking real money."
-U.S. Sen. Everett M. Dirksen (R-IL) (apocryphal quotation)
Let's face it: We've all become inured to the super big-dollar numbers that dominate today's headlines.
And when I mean "inured," I'm talking downright numb.
Hundreds of millions. Tens of billions. Multiple trillions.
It doesn't even faze us.
The journey that's delivered us to this point has taken years – decades – and I've seen most of it firsthand.
Indeed, as a journalist, columnist, analyst, and stock-picker – you know, a guy who's been writing about the global economy, government budgets (and deficits), and big public companies – I've had a "ringside seat" to this mind-numbing journey.
As top world economies soared in size, as tech-firm market values rose to stratospheric levels, as government budget deficits achieved chasm-like status, and as the dollar value of the bailout/rescue/QE packages of the Great Recession soared to hypoxic highs, most "regular folks" lost the ability to emotionally connect with the dollar amounts being talked about.
This "big-number brain barrage" has led to a kind of "financial aphasia" that's rendered us incapable of responding to the valuations that now define us.
This reality makes the story I'm about to relate all the more remarkable.
And it's a story that you need to focus on – and act on.
Let me share it with you…
About the Author
Before he moved into the investment-research business in 2005, William (Bill) Patalon III spent 22 years as an award-winning financial reporter, columnist, and editor. Today he is the Executive Editor and Senior Research Analyst for Money Morning. With his latest project, Private Briefing, Bill takes you "behind the scenes" of his established investment news website for a closer look at the action. Members get all the expert analysis and exclusive scoops he can't publish... and some of the most valuable picks that turn up in Bill's closed-door sessions with editors and experts.