Ben Hunt
Hope has two beautiful daughters - Anger and Courage. Anger at the way things are, and Courage to see that they do not remain as they are. - St. Augustine
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(h/t Desperate Yuppie on the ET Forum) SBF: So what weβre going to do is start a brokerage, but be undercapitalized like Lehman β¦ Sequoia: Ok, good, continue.
This is UK data from @FT and shows a truth in US and Europe, too: ZIRP broke the real economy by destroying labor productivity. How? Corporate mgmt used ultra cheap money for risk...
What's in a name? That which we call a rose by any other name would smell as sweet; It's the same with inflation and recession. In the real world, where our lives are experienced...
Writing a new ET note on the financialization of the US economy. Here's the skinny. Alan Greenspan believed that an activist Fed could grow our wealth faster than we could grow ou...