Here is the latest conversation I had with money manager Andrew Horowitz…. new insights for anyone who invests in anything. This week we discover new stocks to watch and short! Plus a discussion about the implications of the weird situation in Europe, back to Greece, Spain to come. PLUS predictions.
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‘We don’t need no stinking badges..’
You guys really got to get better or more varied news sources for Europe. If you only take american sources (which seems apparent from your commentary) you’re repeating the propaganda they put out to manipulate the market in their favor. Saying Greece has got financial problems is like saying Montana has financial problems. It’s more like ‘so what’ than ‘the end is near’. California has much bigger economic problems than Greece, does that mean the dollar’s gonna tank? Greece is really one of the smaller players of the EU. Oh and you can forget that BS about Spain too. It’s amazing how vulnerable investors are when it comes to the news. Fortunately nobody outside the US is buying this BS. The British would be in much better shape had they decided to go with the EURO when they had the chance, now it looks like they may have to sacrifice more of those treasured social programs.
I had a chance to go big on the Euro when it was created and thought not to as the notion of many countries “sharing” a currency didn’t make any sense to me.
Few days ago George Soros was on the tube saying the same thing much more elegantly: “You can’t have a common currency without a common treasury.”
Monetary policy/economics has an interesting interplay between human foibles and mathematical certainties.
Wish I knew more of what they all were.
The Greek economy is roughly the same size – and value on the global stage – as Mississippi.
In different ways, their politicians are comparably useless.
Horo-
I will give you more to think about on weight distribution.
Think of the materials used in Cities/hiways/soforth.. then add in Aquifers lowering and then add OIL removal from the ground, being changed to a GAS state..
The focus of HARd/heavy materials is concentrated in cities, insted of distributed around the nation.
Aquifers, being lowered means we have less WEIGHT in some areas, mostly Lower populated areas.
FUEL, being changed by the BILLIONS OF GALLONS into Gas form, no longer sitting under ground.
1 good Underground NUKE and 1/2 of arabia would SINK..
wE’VE MOVED, rock, concrete, asphalt, roads, marble, steal, all the other metals, Brick into cities from surrounding and far away areas.
#4 — please stop coming on the blog with out and out bullshit like this. Mississippi has a net local GDP of about $80-95 billion. Greece is over $350B. How is Mississippi bigger?
This is not trivial…furthermore it is the first domino.