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Daily Archives: September 21, 2011
Nonsense worship is holding back the recovery
All the breathless reports on the “Fed watch” today remind me of how nonsensical thoughts are not only a waste of time and energy they are net negative as they hold us back from getting on to productive steps and … Continue reading
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Jim Chanos on the bubbles threatening Chinese growth
In the midst of the 2007-2009 bear market there was a naive phase where bulls were optimistically chattering about Chinese Wealth Funds riding to the rescue to scoop up over-valued assets and prevent prices from declining further. We know how … Continue reading
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