I love that you put this online for us all, thx! (Any chance you can also add the “date recorded” to help set in its historical context properly please??? The only thing I can currently use is Kyle’s hairline!)
There’re few outside China with the depth of economic understanding. I appreciate him being straightforward and having the courage to share. I wish he would share what his game plan is for the short term. I can’t find it but I understand what he won’t do. I would really appreciate knowing what he will be doing. We have major problems everywhere and I believe it’s waiting for the timing of real estate. I would love to know if he’s shorting again though.
Please post date in title. Amazing and informative interview, but I had a serious “VR motion sickness” moment at the end when bond rates were quoted! Nothing about this piece belied that it was filmed 4 1/2 years ago...until WHAM! right at the end.
@@pmcguinness3041 That’s what people engaging in Virtual Reality experience when your brain believes something is real, but your real, experiential “reality” (i.e. your body) suddenly disbelieves it. A number of things can trigger it, and VR programmers have been learning to avoid certain elements in order to prevent it. For a layperson its the same as “motion sickness”, or a kind of existential nausea, where what I’m told is different than what I feel. FYI more snarky examples would be “cognitive dissonance”, “gaslighting”, “the media”, “politics”, “reported economic statistics”, “free markets”, “Reality TV”, “pop music”, “the Oscars”, “I’m only as old as I feel”....the list could literally go on and on in our contemporary world.... ;-) (Sry for the snark).
I simply can not get enough of both these two inspiring gentlemen. I just wish they would give a hint on how to position for this China deval, and at what point to dive in, and to what? (Generally speaking not withstanding)
Hey man... it's one thing to release things after their original air date. It's another thing to release them 4 years after original air date. Gimme a break!
$ vs Eur?? And I wouldn't write off $ vs INR either. Saudi, UAE, Japan, UK and so many others are lending India money to invest in its infrastructure and receiving back payments in INR. So there is a stead and rising demand for INRs. If not today, 10 years later I wouldn't bet against the INR.
China will have its own recession 100%. He will be talking about for 20 years and one year he will tell you "Told You". Anyways, I am long emerging markets
Kyle is wrong on China about debt, about currency, about big picture, about politics.Kyle has been wrong on China for decades. But people like listening to him because people like dreaming
The young Ricard had no ideas for his thesis so he went to the pub. Seeing double has it's benefits, and a thesis was born. Thinking that the average consumer adjusts his savings rate because of fiscal policy is the wackiest notion in economics. People ain't that smart.
I do not think Chinas Currency devalued especially against $ over the last several years, in fact it appreciated against $. this is no about credit at all times , I think Productivity has something to do with China economy rising at the same time their currency is rising. this happened in USA history when we took over great Britain as the largest producer. we are literally at a cliff and the federal Reserve will not stop to slow the process to buy us some time .
The fact that you are airing this 2016 video as “new content” really hurts your credibility and reduces the likelihood that I will watch your videos in the future.
guru? he has one of a mere handful who factually made money during the subprime crisis. beyond that he was basically alone in asking the question what would happen next and made his bet against on greece. he has a proven knack for seeing things others havn’t seen. if you simply want to look at returns and outcome and not the process, sure, anyone with a robin hood account who has bet on tesla is a total nobel laureate genious.
Of course, as central banks increasingly cater to their political bosses, the disconnect between policy and the laws of economics as they might be observed by analysts can only increase. Politicians can tell the FED or other central banks, we can walk on water! Make it so. History tells us how that ends.
