In this week’s letter from James Gruber, he provides a nice summary of all the elements working against Japan right now. And argues that inflation is on its way – in large part because wages are set to rise.
I’ve discussed a few times how much I think of Kyle Bass as an investor. Here is a recent presentation posted online. Among other things, he talks about how the Yen has a lot more room to drop and the reasons why.
Broken Money
The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...
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In his most recent post , Michael Pettis explains the problem of investment misallocations and too much debt, simply yet brilliantly (his po...
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Are when the contrarian should think about buying. And so I tried. Some AUY LEAPS (filled) and a small mining services company that I like...
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I am reading another book right now by economist Richard Koo, innovator of the balance sheet recession concept. If you remember what his id...