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4 posts tagged with financialcrisis and europe. (View popular tags)
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Financial Markets, Politics and the New Reality:
"Louis M. Bacon is the head of Moore Capital Management, one of the largest and most influential hedge funds in the world. Last week, he announced that he was returning one quarter of his largest fund, about $2 billion, to his investors, [saying] it is impossible to make money when there is heavy political involvement, because political involvement introduces unpredictability in the market… Adam Smith and David Ricardo, who modern investors so admire, [never] used the term "economics" by itself, but only in conjunction with politics; they called it political economy… The investors' problem is that they mistake the period between 1991 and 2008 as the norm and keep waiting for it to return."
posted by the mad poster!
on Aug 9, 2012 -
36 comments
In 2010,
Obama will have a miserable year,
NATO may lose in Afghanistan,
the UK gets a regime change,
China needs to chill,
India's factories will overtake its farms,
Europe risks becoming an irrelevant museum,
the stimulus will need an exit strategy,
the G20 will see a challenge from the "G2",
African football will
unite Korea,
conflict over natural resources will grow,
Sarkozy will be unloved and unrivalled,
the kids will come together to solve the world's problems (because their elders are unable),
technology will grow ever more ubiquitous,
we'll all charge our phones via USB,
MBAs will be uncool,
the Space Shuttle will be put to rest, and
Somalia will be the worst country in the world. And so
the Tens begin.
The Economist: The World in 2010.
[more inside]
posted by goodnewsfortheinsane
on Nov 14, 2009 -
60 comments
In 2009,
a remarkably gifted politician, confronting a remarkably difficult set of challenges, will
have to learn to say "No we can't",
Guantánamo will prove a moral minefield,
economic recovery will be invisible to the naked eye,
governments must prepare for the day they stop financial guarantees,
we will judge our commitment to sustainability,
scientists should research the causes of religion,
we will all be potential online paparazzi,
English will have more words than any other language (but it's meaningless),
Afghanistan will see a surge of Western (read: American) troops,
Iran will continue its nuclear quest while
diplomacy lies in shambles,
the sea floor is the new frontier,
we should rethink aging,
(non-)voters will continue to thwart the European project --
but cheap travel will continue to buoy it --
though it has some unfinished business to attend to, and
a Nordic defence bond will blossom.
The Economist: The World in 2009.
[more inside]
posted by goodnewsfortheinsane
on Nov 27, 2008 -
31 comments
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