I Admire Chancellor Merkel For Her Leadership

I Called Gold The Ultimate Bubble, Which Means It May Go Higher. But It’s Certainly Not Safe And It’s Not Going To Last Forever.

The Lower Interest Rates Fueled Housing And Consumption Booms In Countries Such As Spain And Ireland. At The Same Time, Germany, Struggling With The Burdens Of Reunification, Tightened Its Belt And Became More Competitive. All This Led To A Wide Divergence In Economic Performance. Europe Became Divided Into Creditor And Debtor Countries.

Hedge Funds Are A Very Efficient Way Of Managing Money. But There Are Clearly Some Risks. Hedge Funds Use Credit And Credit Is A Source Of Instability. Transactions Involving Credit Should Be Regulated.

Making An Investment Decision Is Like Formulating A Scientific Hypothesis And Submitting It To A Practical Test. The Main Difference Is That The Hypothesis That Underlies An Investment Decision Is Intended To Make Money And Not To Establish A Universally Valid Generalization.

Changeless Society Is Characterized By The Absense Of Alternatives.