Michael Burry Profiled: Bloomberg Risk Takers
"Bloomberg Risk Takers" profiles Michael Burry, the former hedge-fund manager who predicted the housing market’s plunge, in video.
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Video: Larry Summers has the Winklevoss Twins’ number
I like how Summers’ prefaces it, noting his own notoriety for having a lot of swagger and then saying “Rarely, have I encountered such swagger, and I tried to respond in kind.”
Muddling through means deepening crisis for the euro zone
I believe the sovereign debt crisis will deteriorate further. And then we will just have to see what the politics of the individual countries in Euroland look like. If austerity brings the economy to a crawl and europopulism is well…
The ten countries with the highest debt in the world
Here’s a list of the countries with the highest debt to GDP in the world
links for 2011-07-19
Should TARGET balances be restricted? | vox
(tags: sovereign-debt-crisis ecb monetary-policy)
Ray Dalio : The New Yorker…
Merkel losing her party’s old guard
If the sovereign debt crisis spirals out of control, it is not clear who will govern. At a minimum, Germany’s reputation as a foundational support for the European project will be in tatters. Likely, the governing coalition of CDU, CSU and…
Blanchflower: Contagion may spread to France
Contagion in the sovereign debt crisis has already spread to Spain and Italy. David Blanchflower believes it may spread yet further to France. On Bloomberg, Blanchflower led off saying this would not be surprising, pointing to the dithering…
links for 2011-07-18
Coburn Ups Ante in Debt Ceiling Standoff, Pushes Plan to Save $9 Trillion - FoxNews.com
(tags: debt-ceiling fiscal austerity)
6 Easy Steps to Falling Asleep Fast…
Is the deficit ceiling debate a Smoot-Hawley moment?
If I had to make parallels for today's time in history, I still say this is Hoover’s time, not Roosevelt’s and certainly not Clinton’s.