macroeconomics professor – from the internet that makes sense
I asked an old Macroeconomics professor of mine to comment on the current state of the economy, and clear things up for me, since most articles I have read have…
Seth Klarman – Baller – We haven’t learned from 2008
In these annual-letter excerpts, from VII, investing legend Seth Klarman explains why he believes no long-term lesson have been learned from 2008, defends short-selling, and describes the two key elements to…
Cullen Roche = Baller Status $$
I would argue that looking at a govt’s balance sheet is misleading. You need to judge a govt’s effectiveness by the prosperity of its citizenry. Govt doesn’t exist for…
Warren Buffett is defrauded and doesn’t know it! $$
Buffett’s – BYD = chinese fraud http://www.grist.org/list/2011-07-22-warren-buffets-crazy-like-a-fox-plan-to-revive-americas-auto-ind
Bubble Trouble – My favorite prescient person – Andy Xie
By ANDY XIE The current generation of decision makers was raised in a string of bubble economies. This environment has greatly influenced their sense of balance between a bubble economy…
china debt
http://mpettis.com/2011/07/incentives-and-debt/ want to start this newsletter with a story that may be fairly illustrative of one of the problems within the Chinese economy that I worry about. …
Bye bye commodities commodity long-only who buy to hold are going to experience a > 50% drawdown (from current levels) on their industrial metals, crude oil and agricultural positions sometimes in the next 12-18 months.” The catalyst: China.
Industrial commodity bulls may be advised to steer clear of the latest quarterly commodities update by Global Tactical Asset Allocation’s Damien Cleusix whose conclusion is that “Most commodities remain deeply…
sustainability of global bailouts
sure. everyone in my opinion is pretty much undercapitalized (everyone meaning public sector) and banks… the bailout today is absolutely a sign of the times. everyone who can do basic…
The Greek Scam goes for another year!
The Big Fat Greek Gravy Train: A special investigation into the EU-funded culture of greed, tax evasion and scandalous waste By ANDREW MALONE Last updated at 9:09 AM on 25th June…
China conducts emergency liquidity experiments as crisis erupts
China Conducts Emergency Reverse Repos To Calm Money Market Liquidity, Fails, As 2 Week SHIBOR Hits 8.6% Submitted by Tyler Durden on 06/20/2011 23:24 -0400 People’s Bank Of China Reverse Repo…