Thanks for sharing this, Larry.
My two sats (TL;DR):
The author comes across as decidedly left-biased, very anti-Trump/pro-Europe, and excessively bearish on both the economy and risk assets.
This is a MUST READ this week
http://creditbubblebulletin.blogspot.com/2025/02/weekly-commentary-disrupted.html?m=1
Discussion
Yeah Doug’s politics are messed up but he has had a clear understanding of how the money has been abused for 53 years
Well said. He seems like a sharp guy.
I should add that, as a fund manager, I appreciate reading rational points of view from every angle… not just those that I agree with.