Money and Finance
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Related paper: "The Illusion of the Perpetual Money Machine" - by Peter Cauwels and Didier Sornette
Related presentation (PDF): The illusion of the perpetual money machine: Diagnostic and forecast of future crises
Related previous posts:
TED Talk - Didier Sornette: How we can predict the next financial crisis
Didier Sornette’s Zurich Minds Talk: "Predicting Crisis and Triumph"
- Links
For those interested, this course from The Great Courses has been recommended to me by a wise man, and it seems like a good Charlie Munger/worldly wisdom type of course (the video download version is currently on sale for $109.95): The Origin and Evolution...
- Kyle Bass: The Looming Crises In Asia
Link to: Kyle Bass: The Looming Crises in Asia For the last several years, nobody has been more outspokenly bearish on Japan than Kyle Bass. In a recent talk, Bass reiterated his doubts about Japan’s chances of averting a debt crisis. What’s...
- Libor-gate - By Michael Lewitt
At first, the announcement that Barclays was paying $450 million to settle charges that it manipulated Libor during the financial crisis seemed like just another minor corporate scandal. After all, it pales in comparison to the $3 billion settlement GlaxoSmithKline...
- Daniel Kahneman Comment On "the Big Short"
From the 2011 LMCM Thought Leader Forum: "Look, every success story after the fact makes sense, that's the problem. There's something I'd like to add about hindsight, just to strengthen the point. It's something that many of us are thinking...
- John Mauldin: Preparing For A Credit Crisis
This week we turn our eyes first to Europe and then the US, and ask about the possibility of a yet another credit crisis along the lines of late 2008. I then outline a few steps you might want to consider now rather than waiting until the middle of a...
Money and Finance
John Mauldin: We Can’t Take the Chance
What would it have been like to be in the decision-maker's seat at a central bank in the midst of the crisis in 2008-09? You'd know that you won't have the luxury of going back and making better decisions five years later. Instead, you have to act on the torrent of information that's coming at you from every quarter, and none of it is good. Major banks are literally collapsing, the interbank market is almost nonexistent, and there is panic in the air. Perhaps you feel that panic in the pit of your stomach. This week we'll perform a little thought experiment to see if we can extrapolate what is likely to happen in when the next crisis kicks in.
..................
Related paper: "The Illusion of the Perpetual Money Machine" - by Peter Cauwels and Didier Sornette
Related presentation (PDF): The illusion of the perpetual money machine: Diagnostic and forecast of future crises
Related previous posts:
TED Talk - Didier Sornette: How we can predict the next financial crisis
Didier Sornette’s Zurich Minds Talk: "Predicting Crisis and Triumph"
- Links
For those interested, this course from The Great Courses has been recommended to me by a wise man, and it seems like a good Charlie Munger/worldly wisdom type of course (the video download version is currently on sale for $109.95): The Origin and Evolution...
- Kyle Bass: The Looming Crises In Asia
Link to: Kyle Bass: The Looming Crises in Asia For the last several years, nobody has been more outspokenly bearish on Japan than Kyle Bass. In a recent talk, Bass reiterated his doubts about Japan’s chances of averting a debt crisis. What’s...
- Libor-gate - By Michael Lewitt
At first, the announcement that Barclays was paying $450 million to settle charges that it manipulated Libor during the financial crisis seemed like just another minor corporate scandal. After all, it pales in comparison to the $3 billion settlement GlaxoSmithKline...
- Daniel Kahneman Comment On "the Big Short"
From the 2011 LMCM Thought Leader Forum: "Look, every success story after the fact makes sense, that's the problem. There's something I'd like to add about hindsight, just to strengthen the point. It's something that many of us are thinking...
- John Mauldin: Preparing For A Credit Crisis
This week we turn our eyes first to Europe and then the US, and ask about the possibility of a yet another credit crisis along the lines of late 2008. I then outline a few steps you might want to consider now rather than waiting until the middle of a...