Monthly Archives: September 2011

The Fed is accountable for the excesses of what led us into this crisis pre-subprime, according to Stephen Roach, Morgan Stanley Asia non-executive chairman, who says the lessons from Japan, is that the economy did not respond to quantitative easing … Continue reading →

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 →

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 →