Hugh Hendry Is Back - Full Eclectica Letterby Tyler Durden
May. 01, 2012
1.Trump is Right: GOP Debate Audience is Packed Full of Republican Donors
2.FOX Con-Artists Use Unnecessary Censorship To Make Trump Sound Like He Said 'F*ck'
3.'End of Europe': Trump Slams Merkel's Refugee Policy, Wants Good Relations With Russia
4.75-Yr-Old German Grandmother Tells of Sexual Harassment by Migrants, Interview Gets Interrupted by Clueless "Integrated" Muslim Teens
5.EPA Rule to Ban Car Modification
6.New 'Traffic Violations Agency' Brings Buffalo Extortion Racket to All Time High
7.Government Agents Hunt Woman Down After Seeing Facebook Picture Of Her Rehabilitating Baby Squirrels
8.Julian Assange Warns "A Vote For Hillary Is A Vote For Endless, Stupid War"
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."