Category Archives: Quote of the Day

Quote of the Day: Loose Money Sinks Ships (of State)

The evidence of the past three decades should be enough, but you can go back further. In fact, every major financial crisis in the four centuries of capitalism has had its origins in loose money.   – The Sydney Morning … Continue reading

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Quote of the Day: Siemens’ McSwan Watch

Siemens AG (SIE), Europe’s largest engineering company, reported decent numbers this morning, including strong growth from the emerging markets.   But listen to CEO,  Peter Loescher,  on the conference call this morning.   He is vigilantly monitoring the many macro swans,  including … Continue reading

Posted in Black Swan Watch, Budget Deficit, Geopolitical, Quote of the Day, Sovereign Debt, Sovereign Risk | Tagged , , , | Leave a comment

Quote of the Day: Europe in the True Finn Soup

Something new is going to happen and that’s very good because these bail-outs clearly have not been working. – Timo Soini, leader of the True Finns

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Quote of the Day: Der Spiegel Headline

“At Some Point, People Will Speculate against Germany’ – Der Spiegel

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Quote of the Day

Any people anywhere, being inclined and having the power, have the right to rise up, and shake off the existing government, and form a new one that suits them better. This is a most valuable – a most sacred right … Continue reading

Posted in Egypt, Geopolitical, Quote of the Day | Tagged | 1 Comment

Quote of the Day

The Stone Age did not end because of lack of stones, and the Oil Age will end soon and not because of lack of oil. –  Sheik Ahmed Yamani, 2000 Saudi Arabia

Posted in Crude Oil, Quote of the Day | Tagged , | 1 Comment

Quote of the Day: Euro Debt Crisis

“Europe is testing the limits of reactive incremental strategy … The laws of economics, like the laws of physics, do not respect political constraints.”  – Larry Summers at the World Economic Forum

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Quote of the Day

LBJ has a treasure and given our economics background,  this is one of his best, Making a speech on economics is a lot like pissing down your leg. It seems hot to you, but it never does to anyone else. … Continue reading

Posted in Economics, Quote of the Day, Quotes | Tagged , | 2 Comments

Quote of the Day

“There are definitely times when you don’t want to get in front of a bullish freight train or catch a falling knife. If one doesn’t get you the other one will. The crowd is right during the trends, but wrong at … Continue reading

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