I missed you last week, I’m sorry. It’s been busy here at Capitalist Exploits HQ. Oh, and thank you very much to all who share these articles. It’s greatly appreciated. In the meantime, we’ve been keeping our eye on events. Here’s a good one: TROUBLE! #Italy govt bond ownership shows that #ECB became only buyer… Read More
Italy
The Biggest Monetary Experiments in History: Part 1
… and all at the same time. Last week was a humdinger. Three things happened: One Firstly, our pasta-eating friends, after having experienced firsthand a blizzard of accelerating violent crime… and watching their previously gentrified neighbourhoods reconfigured into ghettos resembling the Maghreb, decided enough was enough and said “non piu”. Italy turns away two more boats… Read More
S”pain”… Still More to Come
Spain. For those who may not be aware, Spain is a country which enjoyed one of the largest real estate manias in living memory. It continues to find itself mired in economic, political and subsequent social stresses. By the way, if you are not already a subscriber to one or both of Chris Mayer’s… Read More
Don’t Go Getting Cute with Giant Moves
Most readers will by now be well aware of the cliff that the precious metals stepped off last week. I’ve got a few thoughts related to this. When looking rationally at our private equity portfolio of companies we are funding via PP’s, or in fact any unlisted and illiquid investments, we don’t consider daily, weekly… Read More
