Hugh Hendry Is Back - Full Eclectica Letterby Tyler Durden
May. 01, 2012
Newspaper Fashion Writer: Melania's White Dress is "Scary" Racist
French TV: Muslims Are The Real Victims of Nice Attack
#DNCLeaks Scandal Super List!
DNC Builds Giant Fence Wall Around Philly Convention Center
German Officials Respond to Migrant's Axe Attack by Calling for 'Mandatory Islam Classes'
Hugh Hendry is back with a bang after a two year hiatus with what so many have been clamoring for, for so long - another must read letter from one of the true (if completely unsung) visionary investors of our time: "I have not written to you at any great length since the winter of 2010. This is largely because not much has happened to change our views. We still see the global economy as grotesquely distorted by the presence of fixed exchange rates, the unraveling of which is creating financial anarchy, just as it did in the 1920s and 1930s. Back then the relevant fixes were around the gold standard. Today it is the dual fixed pricing regimes of the euro countries and of the dollar/renminbi peg."