In my opinion, this is the biggest potential story out there right now. The mere possibility that the China bears are right and that all of the growth there is smoke and mirrors could have cataclysmic consequences on a global scale, nowhere more so than here in Debtland, USA. If China collapses, what are the…
Jim Chanos
Hot Links: Old Guitar Heroes
Stuff I’m Reading this Morning… No bubble: Jim Rogers disagrees with Roubini on gold and emerging markets. (Bloomberg) Morgan Stanley’s after the bell downgrade of Intel, Semis. (YahooFinance) Jim Chanos: We’ve learned nothing from the credit crunch. (Clusterstock) BetOnSports.com founder sentenced to 51 months in prison. (Reuters) The possible effects of Brazil’s new foreign investor tax. …
Hot Links: Jim Chanos, Steven Seagal & the Zombie ETFs
Stuff I’m Reading this Morning… Abnormal Returns covers the concept of Zombie ETFs…a new development for this industry. (AbnormalReturns) Ain’t no party like a RothCap party ’cause a RothCap party don’t stop. (NYP) Not all bailout CEOs are created equal: Benmosche (AIG) vs Pandit (Citi). (BreakoutPerformance) The league tables for inflation rates throughout history…cool. (InfectiousGreed)…
Droppin' Knowledge: Doug Kass Takes on the Perma-Bears
“I have often written that both perma-bears and perma-bulls are attention-getters, not money-makers.” Doug Kass, May 2009 On May 27th, TRB fave commentator Doug Kass of Seabreeze Partners and TheStreet.com took on the Cult of the Perma-Bears. As someone who is often characterized as a bear, he sought to establish the difference between people who have…
