Posts Tagged joel bucher
Beyond Models
Mathematical modeling of complex systems, financial and natural, is one of the 20th century’s great accomplishments. The last century was also a time of society-changing public policies created through the instruments of social science and in many cases aided by economic and scientific models. Perhaps the current financial crisis came in part from misinterpretations and [...]
50 Reasons to Fear for World Finance
It’s difficult to maintain hope over the future of capitalism. At the helm are rookie President Barrack Obama (who can barely read a teleprompter), bail out-obsessed Barney Frank (whom a teleprompter wouldn’t help at all) and the eerily silent tag team of Bernanke and Geithner. No matter that technology doesn’t help them communicate. Clearly, none [...]
Jim Rodgers on the Dollar: Get out this Year
Like many astute observers of the world financial situation, we accept that predictions in the current market are almost futile, but we try our best for sake of moving the debate forward. Here at Bozongo we believe the dollar is in big trouble. Despite being the world’s reserve currency, its consistent inflation over [...]
The New 25 Percent Rule
President Harry Truman once said he wanted a “one-handed” economist. These words should be heeded in emerging markets where second rate economists from third world countries run amok at the behest of the World Bank, IMF and other proponents of Keynesian nonsense. Moments of enlightenment, however, sometimes do occur in the dismal science, and the [...]
Global Gold
We applaud the rise of gold at Bozongo. Perhaps it’s wishful thinking on our part, but — theoretically — markets should start looking for a way around central banks. It seems the Fed and other central banks around the world have finally revealed the limitations of monetary policies based on fiat currencies. Now the market [...]