Karn: Credit and credibility
Source: http://www.investmentpostcards.com/2009/07/17/karn-credit-and-credibility/Posted on Friday, July 17th, 2009 | In Bonds, Commodities, Market Commentary
In a fascinating e-book, Credit and credibility, Richard Karn, author of the Emerging Trends Report, is now offering his assessment of today’s financial turmoil and what he considers to be the five most pressing issues the global economy will face in the years ahead. The critical issues explored include:
Chapter 1: Pay no attention to the man behind the curtain! discusses fiat currency, the financial excesses and abuse it engenders, interventionist policy response to perpetuate it, and the role of the US dollar going forward;
Chapter 2: Nobody’s right when everybody’s wrong develops our contention that all fiat currencies today have become derivatives of the US dollar;
Chapter 3: May you live in interesting times explores the extent to which emerging markets can decouple from “consumer” economies and the role of China as the litmus test for the thesis;
Chapter 4: The report of my death was an exaggeration details our contention the world has had its fill of “financial innovation”, and the only way the US economy will recover will be through its traditional strengths in agriculture, manufacturing, invention, and hard work; and
Chapter 5: Passing laws, just because offers our assessment of the anthropogenic global warming debate and pending legislation.
The first two chapters of the highly-informative study are now available online. Click the following links to access the material: Chaper 1 and Chapter 2.
The remaining chapters will also be posted on this site as they become available.
Source: Emerging Trends Report
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author, Bonds, China, Commodities, e-book, investment postcards, Market Commentary, Richard Karn, The Macro Trader, United States
![]() About Prieur du Plessis (http://www.investmentpostcards.com)
Prieur du Plessis has 25 years’ experience in professional investment research and portfolio management. More than 1,000 of his articles on investment-related topics have been published in various regular newspaper, journal and Internet columns. He has also published a book, Financial Basics: Investment. Prieur is chief executive and principal shareholder of South African-based Plexus Asset Management, which he founded in 1995. The group conducts investment management, investment consulting, private equity and real estate activities in South Africa and other African countries. Plexus is the South African partner of John Mauldin, author of the Thoughts from the Frontline e-letter, and also has an exclusive licensing agreement with California-based Research Affiliates for managing and distributing its enhanced Fundamental IndexTM methodology in the Pan-African area. Prieur is 52 years old and lives with his wife, television producer and presenter Isabel Verwey, and two children in Cape Town, South Africa. His recreational activities include long-distance running, motor cycling, traveling and reading. |



