A thought before I start my public holiday this day, that for Hendry to champion investing / throwing away money (depending on time horizon intend) in the midst of on-going officialdoms' financial / monetary repression may not end well if held to maturity, and in order for the wager to pay off, the cr@p must be beaten out of the oecd share market and real economy, and when so in OECD pop culture states, would also wobble brics, and amongst the brics, the civilization state c
Hendry's short against china rejuvenation shares domiciled everywhere except china may well be spot on, for many reasons having everything to do with china economic reform, but perhaps not in the way Hendry believes.
iow, Hendry wages can pay, but it is hardly necessary that he be correct on china, the single civilization state actually practicing and is most practiced at genuine reform across the entire spectrum, at high frequency and rising amplitude.
Should china be half as successful in reforming its rural / inland continental economy as it has so far been of coastal / urban, shorting all items Japan may work out even as clearly bubbled Aussie resource shares may also pay out to the shorts (truck drivers in Perth earn usd 200+ k per annum, a screaming short for those who dare).
Let us continue to watch n brief. |
