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Monthly Archives: March 2015
When ‘stimulants’ are impotent
Two more rate cuts and more government stimulus efforts over the past 4 months, and still the Chinese economy–weighed by mind-boggling debt and inventory–continues to slow. This massive mean reversion phase has been well earned by the equally massive hyper-investment … Continue reading
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Nouveau wealth: debt free, less stuff, cash, peace and options
As the consumption-on-debt-bubble deflates, many people are evolving their life plan with a fresh focus on less stuff, no debt, more savings, peace of mind, and plenty of options…ah yes, and meditation, instead of noise. Poker pro Faraz Jaka has … Continue reading
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Financialization’s magical mystery tour
A world where some algo-jigged financial assets trade in a highly levered world of their own dreaming, while real economy staples crash. No need for revenue growth, or organic profit growth, or customers, or realistic present valuations of future cash … Continue reading
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