It was my pleasure to sit down with Endgame author John Mauldin recently. I first met John on the US speaking circuit in 2008. I have read all of his books and enjoy his weekly e-letters. I like his thinking. Like myself he is a longer-term optimist that new technologies, innovations and ideas will bring the world to a better future eventually. In the meantime of course one has to be very mindful of present economic risks and likely outcomes. Blind faith is not a reasonable option. Practical, careful thinking and active risk management are key to getting through present conditions in tact.
Following up on our discussion on the continuing credit crisis and recent developments in Europe is John’s e-letter this weekend “Preparing for a Credit Crisis”, –well worth the read.