Bruce Greenwald recently did some short clips on the Euro-Crisis. They were recorded in November of this year. He notes the imbalances between Northern and Southern Europe. He notes the trade imbalances of certain European countries and Asian countries. In one video, Greenwald says that Germany and the Netherlands should both exit the euro-zone. One video where Greenwald talks about Italy, we posted several weeks ago- Greenwald on Italy, Demographics, and Economic Growth the other three videos are embedded below. Greenwald has a great book on Globalization (slightly dated but still insightful), Globalization: The irrational fear that someone in China will take your job.
H/T Finance and Strategy Thinking
GrizzlyRock Value Partners returned 30 percent in the fourth quarter; Here are their favorite stocks
GrizzlyRock Value Partners returned 30.31% net for the fourth quarter, bringing its full-year return to 7.57% net. During the fourth quarter, longs added 42.8%, while shorts detracted 10.3%. Q4 2020 hedge fund letters, conferences and more In his annual letter to investors, which was reviewed by ValueWalk, managing partner Kyle Mowery noted that 2020 was Read More
Currency Devaluations, Asia and trade imbalances:
It is not just a financial crisis:
The future of the economy (not optimistic):