Hitler OK, Criticizing Matviyeko, Bad
Robert Amsterdam (July 15th, 2009) Writes:
Adolf Hitler, Governor, Market Commentary, Russia, Russia, St. Petersburg Governor, The Macro Trader, Valentina Matviyenko;, www.hrono.info
Robert Amsterdam (July 15th, 2009) Writes:
Contrarian Profits (June 5th, 2009) Writes:
We spent the morning musing on the Maginot Line. The French built this elaborate line of fortifications along its border with Germany in the 1930s to thwart an invasion by its Great War enemy. When Germany invaded France in May 1940, Adolf Hitler’s armies simply bypassed the line and invaded France through neighbouring Belgium. The Maginot Line proved to be an elaborate dud.
As Nassim Taleb points out in his book The Black Swan: The Impact of the Highly Improbable:
The story of the Maginot Line shows how we are conditioned to be specific. The French, after the Great War, build a wall along the previous German invasion route to prevent reinvasion – Hitler just (almost) effortlessly went around it. The French had been excellent students of history; they just learned with too much precision.
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Edward Hugh (February 10th, 2009) Writes:
by Edward Hugh: Barcelonabr /br /blockquoteKeynes’s genius – a very English one – was to insist we should approach an economic system not as a morality play but as a technical challenge.br /Martin Wolf, a href=”http://www.ft.com/cms/s/0/be2dbf2c-d113-11dd-8cc3-000077b07658.html”Financial Times/a/blockquotebr /br /The euro fell again yesterday, by 1.1 percent against the dollar (to $1.2860) and by 1.2 percent against the yen (to 117.52 yen). The change, even if quite large in a short space of time, is hardly dramatic, but what is of more interest is the why. Russian companies announced yesterday that they were thinking of opening negotiations to “restructure” their debt. a href=”http://www.bloomberg.com/apps/news?pid=20601101sid=aq5iyuLURj1srefer=japan”Bloomberg/a:br /br /blockquoteThe euro fell after a Russian bank official said the nation’s lenders asked the government to help moderate talks with foreign lenders on $400 billion of loans, adding to speculation financial turmoil in Europe is worsening. br /br /The euro fell versus 13 of the 16 most-active …
DanielXX (April 12th, 2008) Writes: