A hedge fund friend of sent a link around to a bunch of us about financial repression. We had an interesting conversation, parts of which I want to pass on to you as my daily commentary. The article was by Financial repression fast becoming a reality by Tony Jackson in the FT. Jackson writes:
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.