Every bum I know wants to come and live here, and bums do not have the Swiss attitude of hard work and honesty. Soon the place might turn into Italy, Greece, or even Britain.
Väldigt träffsäkert av Taki som alltid. 22 Sep Takimag.com
onsdag 28 september 2011
A Hard Landing in China And 800 On The S&P
"In my new book, I identify seven different types of deflation. Now five of those are already in place -- we're having financial asset deflation, tangible asset deflation, commodities are coming down, wages are coming down. The one that hasn't kicked in yet is goods and services deflation. The point is that the whole world is really marking down assets. It's marking down the whole spectrum. I don't think goods and services are going to hold up in terms of inflation. I think that will move to deflation fairly soon."
On metals like gold, silver and copper:
"I'm agnostic on the precious metals. We have in our portfolios been short copper. Copper peaked out in February and it's down about 25% from its peak. I think it will go a lot lower. As you pointed out, copper goes into almost anything manufactured. It's a great indicator of global industrial production. What I think will really knock the pinnings out from under all commodities is a hard landing in China, which is what we're forecasting." "[The Chinese] are trying to cool off a red-hot economy. They're worried about the property bubble and the high inflation rate. They are affecting a soft landing and with their crude economic tools it's tough. Bear in mind, the Fed, with more sophisticated tools, tried, by my reckoning, 12 times in the post World War II era to cool off the economy without precipitating a recession. They only succeeded once. What are the chances for China?"
On metals like gold, silver and copper:
"I'm agnostic on the precious metals. We have in our portfolios been short copper. Copper peaked out in February and it's down about 25% from its peak. I think it will go a lot lower. As you pointed out, copper goes into almost anything manufactured. It's a great indicator of global industrial production. What I think will really knock the pinnings out from under all commodities is a hard landing in China, which is what we're forecasting." "[The Chinese] are trying to cool off a red-hot economy. They're worried about the property bubble and the high inflation rate. They are affecting a soft landing and with their crude economic tools it's tough. Bear in mind, the Fed, with more sophisticated tools, tried, by my reckoning, 12 times in the post World War II era to cool off the economy without precipitating a recession. They only succeeded once. What are the chances for China?"
tisdag 27 september 2011
Citat
“It is always a nice idea to leverage crap to buy crap in order to save crap” (Makro trader) - analys av utökad EFSF
Guld humor
Nu kan vi sova lugnt US dollar är tryggad av FED och Amerikanska staten.
Bagdad Bob visste ju i varje fall att han ljög, men denna Fedi zombien är nog bara
hjärndöd dessvärre.
Squeeze in China?
China’s Squeeze on Property Market Nearing ‘Tipping Point’ that drives growth lower just when exports are under threat from a
global slowdown and investor confidence is plunging, said Zhang Zhiwei,
Hong Kong-based chief China economist at Nomura Holdings Inc.Sept. 23 (Bloomberg)
Things Apple is Worth More Than
Ganska skojig blogg om saker som Apple är värt mer än.
http://thingsappleisworthmorethan.tumblr.com/
http://thingsappleisworthmorethan.tumblr.com/
måndag 26 september 2011
Frispråkig base i BBC
Kanske en bra indikator över något allmänt fear index. Att en tillfällig botten är nära, när nu BBC ger en person som Alessio 15 sec fame. Att ge GSI en känga är ju en ganska urvattnad crowd pleaser. Fast underhållande är det ju onekligen ändå. ;
Håller till 100%, var beredd "cash is KING"!
“It is always a nice idea to leverage crap to buy crap in order to save crap” (Makro trader) - analys av utökad EFSF
fredag 23 september 2011
Dagens citat
“People should stay on the sidelines until CNBC manages to get Roubini on the phone LIVE from his airplane That’s the bottom” okänd
onsdag 14 september 2011
Prenumerera på:
Inlägg (Atom)