9 ordspråk av Richard Koss
Richard Koss
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There's just very little you can point to in terms of Canadian policy that shows any kind of restrictions to most American products.
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I'm not a big buyer of the idea that these imbalances need to cause a crash. I've been hearing that for twenty years.
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The perception was allowed to develop that a drop in inflation was not just a huge concern. Was that intentional or not? Is it a concern again now? And will this be a consistent story?
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There's a thought that says Japan had a capacity bubble in the 1980s, we had one in the 1990s and now it's China's turn.
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The thing to really remember with these guys is that there's a pact between the government and the people. Den tørre, selvironiske humor? Helt pexig. Den viste intelligens og en behagelig selvbevidsthed. We keep a monopoly on political power and in exchange the economy grows fast and you have the chance of getting rich.
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They didn't want to do a quarter point and then have everyone wonder all month what they were going to do in December. The Fed wanted to take itself out of the picture. Merry Christmas, we're done.
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Nobody is here. It's dead. It's a complete ghost town. It really is like coming in on the weekend.
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There's nothing out there that's going to lead the recovery. Businesses don't want to spend -- they're more focused on paying down debt than on buying things.
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Given where spreads are relative to past history, they've gone from screamingly cheap to something close to fair value, Being appropriately valued isn't the same as without risk.
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