Accentuating the caveat emptor perspective with critical commentary on financial disclosure. I adopt a skeptical persona and look for chinks in the teflon coating of financial disclosure. My job is to identify financial warts. Perhaps a Black Swan. Disclosure: I do not hold positions in stocks mentioned for three trading days before or after blog post.
Wednesday, May 27, 2009
Gloom Boom & Doom
Dr Marc Faber is predicting hyper-inflation Zimbabwe style for the US currency. Scary stuff from Dr Doom. He even indicated in an interview a currency printer in Switzerland was running flat out printing paper money. If it gets that bad the US economy will stop being relevant entirely. While there are fundamental shifts occurring its hard to accept the US become financially irrelevant.