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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (57865)11/14/2009 3:58:15 AM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 217615
 
in the hendry thang:

lot of improperly written stuff: run on sentences, extra but(s), which (es) and other linking non-sense that could be easily edited out.... for the sake of both clarity and a more economic use of the language...i.e. tighter.

should you tell him?

i'm not gonna.



To: TobagoJack who wrote (57865)11/14/2009 6:00:40 PM
From: carranza2  Read Replies (1) | Respond to of 217615
 
The options available to the debtors are binary, bankruptcy or hyperinflation

I find it very curious that your correspondent begins his note by summoning and endorsing Hendry's views on Japan as the canary in the mine without acknowledging that the canary, though coughing and spitting, is very much alive despite having been brutalized for years.

This suggests that the choices are absolutely not binary.

Don't ask me what the choices are. I would humbly suggest that one of them is the possibility that all the QE we've had may simply lead to a mild deflation instead of a horrific one.

And how can Hendry commit capital to credit default swaps on a Japanese utility? Does he really believe the Japanese government will allow a major public utility to go BK? I suppose he does but I hope for the sake of his investors that the instruments he bought are written very precisely.

I like Hendry. He is a very original and creative thinker, perhaps even a genius, but a bit wack at times.

What happens to gold if we have a minor deflationary episode?