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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (88894)10/21/2008 11:16:49 PM
From: koan  Read Replies (1) | Respond to of 116555
 
Just go to PBS. It was on the Jim Lehre hour.



To: MulhollandDrive who wrote (88894)10/22/2008 12:34:18 AM
From: koan  Respond to of 116555
 
From DAK on the Obama or president thread: great utube vieo:


This guy knows exactly the way it worked.... he cannot explain it in lay terms but he's talking all the talk (value at risk) of the risk managers... he's a bit emotional and not talking specifics and will probably continue to be labeled a quack because so many people bought into the models.

youtube.com

It's also VERY important to realize one of his main point... "this has probably just started... we don't know".

This is certainly in line with the hyperinflation viewpoint in that we probably have only started the DEFLATION portion based on debt explosion.

He's also a bonafid Wharton 'rocket scientist':

youtube.com

There are MANY others that know these things... I think they just got greedy and "hoped" nothing would happen.

DAK