Richard Koo: It's not too late to learn from Japan

[Myth465]

Packer you sound like Mike Burry or does he sound like you.

 

http://valueinvestingworld.blogspot.com/2011/04/video-michael-burrys-vanderbilt-speech.html

 

Very interesting. If you are pressed for time you can skipped to the last 8 minutes. I think he is right, but his suggestions are politically unobtainable. The next decade will be interesting. I am sure of 1 thing regarding economics, there is no free lunch.