Fareed Zakaria GPS – CNN 07-22-12

Salient to Investors: Fareed Zakaria said: Outsourcing jobs to ensure a company’s survival is acceptable and is how you run a business. America needs and already has a tax and regulatory structure that creates strong incentives for private businesses to flourish. The great shift in the U.S. economy over the past

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Soros Pushes EU to Start Joint Debt Fund or Risk Summit Fiasco – Bloomberg 06-24-12

Salient to Investors: George Soros said: A failure to produce drastic measures could spell the demise of the Euro. Europe should create a European Fiscal Authority to purchase sovereign debt in return for Italy and Spain implementing achievable budget cuts – funding to come from the sale of European Treasuries, which would

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U.S. Stocks Fall Amid Concern Europe’s Crisis Will Worsen – Bloomberg 06-25-12

Salient to Investors: George Soros called on Europe to buy Italian and Spanish bonds, warning a failure by leaders meeting on June 28 to produce drastic measures could spell the end of the euro.  Wayne Lin at Legg Mason says the EU summit won’t produce anything extraordinary, that Soros’ views are extreme, and  expects more volatility.

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Ex-Soros Adviser Fujimaki Says Japan to Probably Default by 2017 – Bloomberg 06-14-12

IMF estimates Japanese public debt will balloon to 245.6 percent of GDP in 2014, up from 67.3 percent in 1984. Former adviser to George Soros, Takeshi Fujimaki recommends buying assets in U.S. dollars, Swiss francs, sterling, Australian and Canadian dollars, because Japan may default within five years, before Europe does. Fujimaki says the yen

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Euro Strength Seen by Stiglitz Removing Greek Debt – Bloomberg 06-11-12

Salient to Investors: Greece accounts for just 2.3 percent of EU GDP, and 4.3 percent of EU debt. Without Greece , the EU would have had a trade surplus in 2011. Germany has posted a trade surplus every month since May 1991 and has avoided recession since 2009. OECD says the euro is undervalued

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