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User Info Hugh Hendry Is Back - Full Eclectica Letter in forum [Presentations]
Jubber
Posts: 14137
Incept: 2007-07-05
Gold
UK
Online
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A long read, but well worth it

http://www.zerohedge.com/news/hugh-hendr....

Any views on this Karl?

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“The problem with socialism is that, sooner or later, you run out of other people’s money.” Thatcher
Antediluvian
Posts: 577
Incept: 2008-03-14
Green
Kirkland, WA
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Thanks. A interesting read. I love that guy.

Short the BRICs and long the debt laden West is certainly as contrary as you can get.

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Socialism was embraced by the greater part of the intelligentsia as the apparent heir of the liberal tradition: therefore it is not surprising that to them the idea of socialism's leading to the opposite of liberty should appear inconceivable. - F.A.Hayek, "Road to Serfdom" 1944
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