February 2010

This is how Stephen Roach describes the economy despite the largest monetary and stimulus in global history. Below is a TV interview Roach recently did on CNBC TV-18 as a video in two parts with the linked transcript at the bottom. …

Given my post on Jim Rogers’ doubting Chanos’ knowledge about China, I thought it appropriate to post the latest Chanos interview on the China property bubble.  This call by Chanos is really setting us up for some seriously…

The money line comes right at the end.

One of the larger problems in the unfolding meltdown in Greece is the fraud apparently perpetrated by past Greek governments to conceal their true levels of debt. This is having a very adverse effect on Greek credit spreads to (German)…

The following link goes to an hour-long video from the Russia Forum 2010 featuring famed investors and market watchers Hugh Hendry and Nassim Nicholas Taleb. Marc Faber was the moderator. The session is “Investments: Where is the Money in…

No he didn’t.  Jim Rogers, the bow-tie wearing Quantum Fund co-founder and Sino-enthusiast, has recently implied Jim Chanos doesn’t know China from a hole in the ground. Rogers is not happy about the recent bearish pronouncements…

Commenting about the recent Wall Street Journal article “Housing rebound in Canada spurs talk of new bubble,” Rolfe Winkler of Reuters says Last week Paul Krugman toasted the sobriety of Canadian banks. Among other things, he said that…

I first featured some commentary by Fred Sheehan in November on a muni post The coming collapse of the municipal bond market. Now Fred is back and he’s on the radio, talking with Jim Puplava about Sir Alan Greenspan this time.  It will…

FT.com – Speculators make 8bn bet against euro Fair Game – A Financial Crisis That Just Keeps Moving – NYTimes.com John Thain As CIT Chief: Savvy Move or Big Step Down? – Deal Journal – WSJ FT.com – China sabre rattling risks…

In the lead-up to the credit crisis, I really didn’t write a considerable amount about second mortgages despite my focus on credit writedowns. At that time, I was more focused on writedowns from securitized mortgage paper (and later…