Monday, September 10, 2012
Various news objects
BI - so, the Germans destroyed the Greek economy with cheap credit, then forced them into an economic depression. Now the Germans are buying up loads of cheap Greek real estate. No shit, eh?
FT Alphaville - Two different blurbs on George Magnus' latest musings on Asia. One: Asia's growth is stifled by structural and political factors that reduce total factor productivity. Two: Asia's growth will lose out to American & European superiority in automation. Having been forced to work with Chinese engineers, I see this at the micro level every day.
Reformed Borker (Bork Bork Bork!) - Angela Merkel, doing what he knew she'd do: save her ass by saving Greece. Josh did indeed see thru all the bullshit on that one.
James Bianco - the rally isn't really hated despite what Ritholtz says. Frankly I'm with Ritholtz and consider his other contributors to be varying degrees of worthless, save Kiron Sarkar of course. But fine to read a dissenting opinion.
FT Alphaville: some dude at UBS doesn't really believe the China stimulus is real/beneficial/a thing.
BI - every anal yst is bullish now.
Known communist "Washington's Blog" - QE hurts everyone except the ultra-rich. Which we knew already. Who the fuck do you think runs the US, guy? The fucking IWW?
BI - Soros criticizing Germany for being cunts again. Too easy, George. You're just mailing it in now.