Petersburg Pilot -

By Larry Persily
Wrangell Sentinel Publisher 

Guest Editorial

Losing money is a lesson worth remembering

 


Legislators, the governor, members of the public — and most certainly candidates in this year’s state elections — should be paying attention to stocks, bonds, real estate and other investments.

Energy prices are fueling high inflation; stock markets are tumbling steeply downhill; Russia’s war on Ukraine is disrupting most everything in the world of finance and commerce; and a growing number of economists are talking “recession.”

But rather than focusing on their own savings, elected officials and candidates need to pay close attention to the falling value of investments held by...



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