Your role in German and International banking is discussed also in the book "Tower or Basel" by Adam Lebor. I am sure you can find a copy in Hell's library to read
On this topic, readers may be interested in the post WWI thru Cold War history of Brown Brothers and Harriman Co. (not implying I am a conspiracy nut, these guys were Boy Scouts)
There is nothing wrong at all with conspiracy nuts, except that it hurts like hell when the truth proves them to be correct after all (and boy do I have the bruises to prove it) :)
Keep up your good work Dr. Havenstein, your reincarnation may prove to offset the losses you created when you walked this Earth!
Dr. Havenstein, you may be interested to read "A Users Guide to Restructuring the Global Trading System" by Dr. Miran published Nov. 24 by Hudson Bay Capital.
This essay may provide insight to where the US & Global trade is heading (and objectives thereof). A tactical question arises whether the Donald is capable of fulfilling the "carnival barker" roll needed by the market makers to pull this off.
Miran's essay reminds me of Fritz Kraemer's writing on proper strategic foreign relations during the Cold War period. To me, Miran's essay reads like a modern day "Dr. Strangelove" except this is no intended parody by Miran. After reading Miran's essay you may not be able to shake the mental vision of Slim Pickens riding the nuke like a bronco after kicking it loose from the B52 bomb rack over a Soviet military base. Hope you are not offended by the recommendation. BR MC
One idea I liked from that Duncan book is Mos Maoirum - the way of the elders. How inflation played a role in its erosion in Rome rings so many bells today.
I also notice you didn't include any quotes about the German hyperinflation from Dalio's Big Debt Cycles. Ha. I read it a few years ago. It's actually been super helpful to me in making general sense of how currency devals work. Basically he says, and you probably already know that he says this, that the govs never choose austerity. They might say "we're about to choose austerity." But they never do. The book could have been subtitled "Nothing stops this train" borrowing a line from Lyn Alden.
I really just focused on the book and a few other quotes that Deluge reminded me of, and Dalio’s book wasn’t one of ‘em. I have that book, and have only skimmed through it as reference, but remember liking it (as opposed to Principles, which I have an entire satirical thread on).
A meaningful reminder of the problem face. Hopefully just a caution, not a preview.
Learned much about that time via this series and for that I am in your debt. (I'm backed by silver) Well done and thank you!
Dr. Havenstein, great essay.
Your role in German and International banking is discussed also in the book "Tower or Basel" by Adam Lebor. I am sure you can find a copy in Hell's library to read
All the best
Marcus
Yes. The BIS is a whole rathole in itself.
On this topic, readers may be interested in the post WWI thru Cold War history of Brown Brothers and Harriman Co. (not implying I am a conspiracy nut, these guys were Boy Scouts)
What's wrong with conspiracy nuts? They seem to be on the money in recent years. :)
Dr. Havenstein:
There is nothing wrong at all with conspiracy nuts, except that it hurts like hell when the truth proves them to be correct after all (and boy do I have the bruises to prove it) :)
Keep up your good work Dr. Havenstein, your reincarnation may prove to offset the losses you created when you walked this Earth!
Dr. Havenstein, you may be interested to read "A Users Guide to Restructuring the Global Trading System" by Dr. Miran published Nov. 24 by Hudson Bay Capital.
This essay may provide insight to where the US & Global trade is heading (and objectives thereof). A tactical question arises whether the Donald is capable of fulfilling the "carnival barker" roll needed by the market makers to pull this off.
Miran's essay reminds me of Fritz Kraemer's writing on proper strategic foreign relations during the Cold War period. To me, Miran's essay reads like a modern day "Dr. Strangelove" except this is no intended parody by Miran. After reading Miran's essay you may not be able to shake the mental vision of Slim Pickens riding the nuke like a bronco after kicking it loose from the B52 bomb rack over a Soviet military base. Hope you are not offended by the recommendation. BR MC
Thanks for writing this.
One idea I liked from that Duncan book is Mos Maoirum - the way of the elders. How inflation played a role in its erosion in Rome rings so many bells today.
I also notice you didn't include any quotes about the German hyperinflation from Dalio's Big Debt Cycles. Ha. I read it a few years ago. It's actually been super helpful to me in making general sense of how currency devals work. Basically he says, and you probably already know that he says this, that the govs never choose austerity. They might say "we're about to choose austerity." But they never do. The book could have been subtitled "Nothing stops this train" borrowing a line from Lyn Alden.
I really just focused on the book and a few other quotes that Deluge reminded me of, and Dalio’s book wasn’t one of ‘em. I have that book, and have only skimmed through it as reference, but remember liking it (as opposed to Principles, which I have an entire satirical thread on).
Yeah, I laugh at your Dalio hotdogs posts.
I tried Principles once upon a time. It felt like listening to postmodern "philosophers" talk - found it hard to grasp onto much of substance.