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comment by kleinbl00
kleinbl00  ·  3002 days ago  ·  link  ·    ·  parent  ·  post: Toxic Loans Around the World Weigh on Global Growth

    It seems more like NC had an anti-neoliberal rant on deck, and this NYT piece was the excuse.

Got it in one.

In general, I think Naked Capitalism is a bleeding ulcer of vitriol that occasionally provides useful insight. I figured you'd want to see this, if only because I know how core bond collapse is to your economic worldview right now and an alternative opinion, no matter how crackpot-like, might pique your interest.





mk  ·  3002 days ago  ·  link  ·  

What weighs on my mind is the matter of timing. I don't have any confidence to say that the reckoning is days, or weeks, or months away. I hope it's not years. I am betting that it isn't years.

kleinbl00  ·  3002 days ago  ·  link  ·  
mk  ·  3001 days ago  ·  link  ·  

Yeah, yeah, but screw Invesco. they are the reason I manage my own Roth. ~2% to significantly trail index funds.

kleinbl00  ·  3001 days ago  ·  link  ·  

That 10 worst days/ 10 best days thing is one of the biggest memes in personal finance, though. Yeah, you can come out significantly ahead if you know what you're doing... but odds are good you don't know what you're doing because neither does anybody else.