Salient to Investors: Jim Rogers writes: India goes from one mistake to another, despite its controls and rising debt. Indian politicians want to blame economic problems on someone else, and now it is gold. Exchange controls in India are absurd. Foreigners cannot invest in commodities in India. Read the full
READ MORE... →Salient to Investors: Caroline Baum writes: Arvind Krishnamurthy at Northwestern and Annette Vissing-Jorgensen at Berkeley found that Treasury purchases themselves have had limited beneficial spillovers to private borrowers, i.e. the Treasury was able to borrow at lower interest rates but not the rest of us. The researchers found that the
READ MORE... →Salient to Investors: Fareed Zakaria said: The distinctive feature of the American system is how undemocratic it is. Three co-equal branches of government and the one with the final say on many issues is composed of 9 unelected men and women. The Senate, the most unrepresentative upper house in the
READ MORE... →Salient to Investors: Jim Rogers writes: In the 1920s and 1930s, the center of the world moved from the UK to the US, primarily due to financial problems and political mistakes. The centre of the world is now moving from the US to Asia, due to the financial crisis and
READ MORE... →Salient to Investors: Jim Rogers writes: Problems always come no matter what governments say and we have always had slowdowns in America after every 6 or 7 years even in good times. The next time around, things are going to be much worse, especially in countries where the debt is
READ MORE... →Salient to Investors: Jim Rogers writes: The next slowdown will be a lot worse. In America, the debt quadrupled and a lot of the debt is garbage. We are floating on an artificial sea of liquidity. Read the full article at http://blogjimrogers.blogspot.com/2013/08/in-america-debt-quadrupled-and-lot-of.html Click here to receive free and immediate email alerts of the
READ MORE... →Salient to Investors: James Paulsen at Wells Capital Mgmt said concern that a surge in US bond yields will curb US growth is overblown because higher borrowing costs coupled with gains in confidence are a healthy sign for the economy. Paulsen said confidence is at the center of everything here and that since 1967, stocks
READ MORE... →Salient to Investors: Asia’s role as the world’s growth engine is waning as economies across the region weaken and investors pull out billions of dollars in favor of nascent recoveries in the US and Europe. Economists forecast Malaysia will post its second straight quarter of sub-5 percent growth this week.
READ MORE... →Salient to Investors: William Pesek writes: The economic challenges China faced in 1998 are eerily similar to those it faces today. Now, as then, economists worry China’s economy might collapse, a mountain of nonperforming loans might go bad, state-owned enterprises are stifling innovation, and social unrest might overwhelm Beijing. The
READ MORE... →Salient to Investors: Jim Rogers writes: Governments and central banks have reacted to the crisis in an artificial manner, and are only making the crisis worse – they never let the problem cure itself. Read the full article at http://blogjimrogers.blogspot.com/2013/08/they-never-let-problem-cure-itself.html Click here to receive free and immediate email alerts of the latest forecasts.
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